U.S. says FIFA to get another $92 million in compensation from corruption probe

WASHINGTON/NEW YORK, June 30 (Reuters) - FIFA, world soccer's governing body, will receive another $92 million in compensation for losses sustained in global soccer corruption schemes, the U.S. Justice Department said on Thursday.

In August last year, the department had said FIFA was going to receive $201 million in compensation for the losses. The money was seized from the bank accounts of former officials who were involved in the schemes and then prosecuted following a probe into years of corruption in world soccer. read more

"This distribution of approximately $92 million as compensation for losses suffered highlights the importance of asset forfeiture as a critical tool in this endeavor," the Justice Department said in a statement on Thursday.

FIFA's continental confederations CONCACAF, which governs the sport in North and Central America, and CONMEBOL, which oversees South America, were named among the victims in the Justice Department's statement.

Since the department unveiled the corruption probe in 2015, more than 50 individual and corporate defendants from more than 20 different countries have faced charges, according to the DOJ, largely regarding bribes and kickbacks related to media and marketing rights.

"There was an extraordinary amount of money flowing between corrupt officials and businesses in this massive scheme," Michael J. Driscoll, assistant director in charge at the FBI's New York Field Office, said in a statement.

"It is gratifying to know assets seized from the criminals involved will be distributed to groups in need of the money, one specifically focused on educating and safeguarding football for women and girls."

Reporting by Kanishka Singh in Washington, additional reporting by Amy Tennery in New York Editing by Chris Reese and Christian Radnedge

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Kanishka Singh is a breaking news reporter for Reuters in Washington DC, who primarily covers US politics and national affairs in his current role. His past breaking news coverage has spanned across a range of topics like the Black Lives Matter movement; the US elections; the 2021 Capitol riots and their follow up probes; the Brexit deal; US-China trade tensions; the NATO withdrawal from Afghanistan; the COVID-19 pandemic; and a 2019 Supreme Court verdict on a religious dispute site in his native India.