US authorities question Citigroup about transactions in FIFA corruption probe

By REUTERS
February 27, 2016 04:28

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later

NEW YORK - Citigroup Inc said it has received questions from US federal authorities investigating the role of financial institutions in alleged corruption and money laundering involving FIFA.

In an annual filing with securities regulators on Friday, Citigroup said it had received a subpoena from the US Attorney for the Eastern District of New York asking about banking relationships and transactions at its Citibank unit by "certain individuals" said to be involved in the alleged wrongdoing.

The company said it is cooperating with the investigation. A spokesman declined to comment further.

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

Breaking news
October 17, 2018
U.S.'s Pompeo will meet with Erdogan, Turkish Secretary of State

By REUTERS