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Soccer body CONCACAF sues former executives for $20m

Bahamas-domiciled regional soccer governing body CONCACAF is seeking at least $20 million in damages in a civil lawsuit against two of its former executives – Jack Warner and Chuck Blazer – and related companies in New York, the Cayman Islands and Panama, alleging fraud, racketeering, and breach of fiduciary duty.

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CONCACAF files US$20m lawsuit against Warner, Blazer

From Sportsmax

Regional football’s parent body CONCACAF has filed a US$20m federal lawsuit against former executives Jack Warner and Chuck Blazer, recent reports have indicated.

The association is seeking to recover damages based on claims of corruption on the part of the two officials who are accused of taking bribes worth millions of dollars.

Warner, a former CONCACAF president, currently faces extradition to the United States on charges of wire fraud, racketeering and money laundering. Blazer, a former FIFA Executive Committee member and former CONCACAF general secretary, struck a plea deal in 2013 and turned whistleblower for the Federal Bureau of Investigation (FBI) leading to the subsequent arrest of several officials.

According to football website Insidethegames the court document alleges the two officials accepted a US$10 million bribe from South Africa to vote for the country in the 2010 race.

“Warner and Blazer also sold CONCACAF’s vote to select the host of the 2010 World Cup in exchange for bribes for their personal enrichment in violation of their fiduciary duties owed to CONCACAF,” the document read.

“Blazer, using several shell entities, including the Blazer Entities, pilfered CONCACAF’s coffers by misappropriating CONCACAF funds, including by transferring CONCACAF funds to his personal accounts and using CONCACAF funds for personal expenses including several luxury apartments located in New York.”

For more on this story go to: http://www.sportsmax.tv/?q=articles/2017/04/20/concacaf-files-us20m-lawsuit-against-warner-blazer

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