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FIFA Corruption Scandal: A Business Solution Coming?

Tom Fox | September 25, 2015

The fallout from the FIFA corruption scandal continues, literally across the globe. Some of it is predictable; other fallout, while appearing ancillary on the surface, demonstrates the cost of not only bribery and corruption, but also the perception of bribery and corruption.

The predictable expansion of the investigation: Swiss authorities are taking a more active role in developing evidence, which led to the organization suspending its former Number 2, Jerome Valcke, the (former) next in line to embattled President Sepp Blatter.

Next was the removal from FIFA’s audit and compliance committee of member Canover Watson, who is a director of the Cayman Islands Stock Exchange and treasurer of the country’s football federation. He was arrested by authorities who accused him of corruption and money-laundering in a case reportedly involving supplying public hospitals with swipe-card billing technology. In a...

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