TORONTO (Reuters) - CIBC FirstCaribbean International Bank has begun an internal review to find out whether or not the bank was used for illicit purposes in the FIFA bribery scandal, a spokeswoman said on Monday.
An indictment announced by U.S. prosecutors on May 27 said one illegal payment was facilitated by a representative of FirstCaribbean, which is controlled by Canadian Imperial Bank of Commerce.
The bank representative traveled from the Bahamas to New York to personally collect and deposit a check on behalf of Chuck Blazer, a former FIFA executive who is the main cooperating witness in the investigation of soccer's world governing body, prosecutors said.