British banks Barclays, HSBC and Standard Chartered have launched internal investigations to review their role in the alleged Fifa payments corruption scandal.
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The banks will internally review details of the allegedly corrupt payments involving Fifa officials and will assess if they adhered to anti-money laundering and bribery rules.
The British banks have been all mentioned in the US Department of Justice’s (DOJ) lawsuit against 14 people, including nine Fifa officials, for racketeering, wire fraud and money laundering.
In a 164-page indictment, DOJ has located accounts at the three banks that have been accused of being used to facilitate illicit money transfers of over $150m in bribes paid in exchange for commercial marketing rights and football tournaments.
However, the complaint does not accuse the financial institutions of any wrongdoing.
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By GlobalDataA Standard Chartered spokesperson said: "We are aware that two payments cleared by Standard Chartered are mentioned in the indictment. We are looking into those payments."
