It has been revealed that Chuck Blazer worked undercover in conjunction with investigators in order to expose illegal practices at FIFA.
Disgraced former FIFA official Chuck Blazer worked undercover to help the authorities with their investigation into corruption within football’s global governing body.
Back in November 2013, Blazer pleaded guilty to 10 charges including racketeering conspiracy, money laundering and tax evasion.
As part of his plea, the 70-year-old agreed to feed the authorities information pertaining to their investigation.
The 19-page agreement was unsealed on Monday, and includes references to agreements between Blazer and the United States government dating back to December 2011.
“The defendant agrees to furnish to the office all documents and other material that may be relevant to the investigation and that are in the defendant’s possession or control and to participate in undercover activities pursuant to the specific instructions of law enforcement agents or this office,” the agreement read.
“The defendant agrees not to reveal his cooperation, or any information derived therefrom, to any third party without prior consent of the office.”
The revelations are the latest to become public in the ongoing FIFA corruption scandal, which has tarnished the organisation’s reputation and led to president Sepp Blatter announcing his intention to step down.
BREAKING NEWS: BoG takes over Unibank
The Bank of Ghana has announced it has taken over the management of private bank, Unibank.
The Governor of the central bank explained at a press conference, the takeover is due to challenges facing the bank. He mentioned weak supervisory standards and weak operations as the cause of the challenges.
Ernest Addison said the bank, adjudged the 6thbest performing company in Ghana at the Ghana Club 100 awards in 2017, provided inaccurate data during the central bank’s effort to resolve the problems last year.
He assured depositors their money is safe, stressing “we are not liquidating the bank, we are saving it.”
The take-over comes weeks after Unibank announced it was taking over adb.
The top management of Unibank are Dr. Kwabena Duffuor II who is Chief Executive Officer, Ekow Nyarko Dadzie-Dennis Chief Operating Officer, Executive Director Owusu-Ansah Awere, Executive Clifford Duke Mettle, Director of Risk Management Kwesi Nkrumah Pimpah.
Photo: CEO Kwabena Duffour II was awarded the most enterprising young executive award in 2017.
The bank’s company secretary is Sylvia Assimeng-Archer, Executive Head of Treasury and Global Trade John Collins Arthur, Executive Head of Corporate Banking Elsie Dansoa Kyereh and Executive Head of Innovations and Business Execution Florence Ohene.
This executive management are expected to give way to new control, KPMG appointed by the central bank.
The bank was founded in 1997 by Kwabena Duffour who later became Finance minister under the Mills administration.
But after 20 years of private management, Kwabena Duffour who is a former Governor of the Bank of Ghana loses control of unibank to his former employers.
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