Keyword: Pasche Monaco bank

FIFA World Cup 'bribery' probe focuses on Monaco bank account

By Geoffrey Livolsi et Yann Philippin
The celebrations after FIFA announced on December 2nd 2010 that Qatar would host the 2022 World Cup. © Reuters The celebrations after FIFA announced on December 2nd 2010 that Qatar would host the 2022 World Cup. © Reuters

US and Brazilian investigators have discovered a payment from Qatar of 22 million dollars made to a former executive committee member of world football governing body FIFA shortly after he and his colleagues controversially awarded the Gulf state the 2022 World Cup, well-informed sources have told Mediapart. The payment was made to Ricardo Teixeira, former head of the Brazilian Football Confederation and paid into his account with the Pasche Monaco bank in Monte Carlo, which was then a subsidiary of French bank Crédit Mutuel-CIC. Geoffrey Livolsi and Yann Philippin report.

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