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Friday 9 December 2016

FIFA fallout: Swiss bank Julius Baer launches internal investigation

Published 17/06/2015 | 12:34

Swiss attorney general Michael Lauber, center, speaks to journalists after a press conference in Bern, Switzerland, Wednesday, June 17, 2015
Swiss attorney general Michael Lauber, center, speaks to journalists after a press conference in Bern, Switzerland, Wednesday, June 17, 2015

Swiss bank Julius Baer said on Wednesday it has opened an internal investigation in connection with FIFA amid a corruption scandal surrounding soccer's governing body.

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Julius Baer, Switzerland third largest listed bank, was one of a number of banks mentioned in the U.S. Department of Justice's May charge sheet against high-ranking individuals in FIFA.

"We have launched an internal investigation," a spokesman for Zurich-based Julius Baer said. "We are fully cooperating with the authorities."

The spokesman declined to say when the investigation began, or with which authorities it was cooperating.

Reuters

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