Advertisement
Canada markets open in 6 hours 41 minutes
  • S&P/TSX

    21,656.05
    +13.18 (+0.06%)
     
  • S&P 500

    5,022.21
    -29.20 (-0.58%)
     
  • DOW

    37,753.31
    -45.66 (-0.12%)
     
  • CAD/USD

    0.7274
    +0.0011 (+0.15%)
     
  • CRUDE OIL

    82.73
    +0.04 (+0.05%)
     
  • Bitcoin CAD

    83,859.90
    -3,955.04 (-4.50%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • GOLD FUTURES

    2,393.00
    +4.60 (+0.19%)
     
  • RUSSELL 2000

    1,947.95
    -19.53 (-0.99%)
     
  • 10-Yr Bond

    4.5850
    0.0000 (0.00%)
     
  • NASDAQ futures

    17,757.75
    +99.25 (+0.56%)
     
  • VOLATILITY

    18.21
    -0.19 (-1.03%)
     
  • FTSE

    7,847.99
    +27.63 (+0.35%)
     
  • NIKKEI 225

    38,079.70
    +117.90 (+0.31%)
     
  • CAD/EUR

    0.6804
    +0.0002 (+0.03%)
     

Ex-Guatemalan soccer chief pleads guilty to U.S. bribery charges

Former Guatemalan football federation president Brayan Jimenez (L) exits the Brooklyn Federal Courthouse in the Brooklyn borough of New York March 2, 2016. REUTERS/Brendan McDermid (Reuters)

By Mica Rosenberg NEW YORK (Reuters) - A former president of Guatemala's soccer federation pleaded guilty on Friday to charges he received bribes to award lucrative media and marketing rights for soccer matches, the latest development in the U.S. corruption investigation into world soccer's governing body FIFA. Brayan Jimenez said he was guilty of racketeering conspiracy and wire fraud charges at a hearing in federal court in front of U.S. Magistrate Judge Robert Levy. Jimenez also agreed to forfeit $350,000. Jimenez is accused of taking hundreds of thousands of dollars in bribes in exchange for authorizing "friendly" matches played by the Guatemalan national soccer team and for awarding contracts for media rights for the team's World Cup qualifier matches to the sports marketing firm Media World. The company is a subsidiary of Imagina US, the Miami-based affiliate of Spanish media giant Imagina group. [L1N0ZQ0ZP] "Over a period of years, Media World transmitted these bribes from its U.S. bank accounts to the defendant and a co-conspirator, often using intermediaries in the United States and Guatemala," the U.S. Department of Justice said in its announcement of the plea. Lawyers representing Jimenez did not immediately respond to a request for comment. Jimenez, who had been president of the country's soccer federation since 2010, was arrested in Guatemala in January and later extradited to the United States. He now faces a maximum sentence of 20 years for each count. Jimenez is among 41 individuals and entities charged as part of a U.S. investigation into schemes involving more than $200 million in bribes and kickbacks sought by soccer officials for marketing and broadcast rights to tournaments and matches. Gianni Infantino, FIFA's recently elected president, has vowed to lead the organization out of years of scandal even as U.S. and Swiss corruption investigations continue. (Reporting by Mica Rosenberg and Jonathan Stempel in New York; Editing by Bill Trott)