Former Swiss Banker Jorge Luis Arzuaga has admitted of paying millions of dollars in bribes to Fifa’s former senior executive Julio Grondona, chairman of football’s world governing body’s finance committee and president of the Argentinian football association, the Guardian report.
Following US investigation into Fifa-related corruption, Jorge Luis Arzuaga pleaded guilty to money laundering conspiracy charge on Thursday.
The 56-year-old former banker admitted opening bank accounts for Grondona in Switzerland and channeling up to $25 million (£19.5m) in bribes to him and other high-ranking Fifa officials from Torneos, an Argentinian TV rights marketing company.