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Costas Takkas pleads guilty to money laundering conspiracy charge

by May 25th, 2017

Former General Secretary of the Cayman Islands Football Association Costas Takkas has pleaded guilty to a money laundering conspiracy charge.

This arising from the U.S. probe into bribery involving the world soccer governing body FIFA.

Takkas, a 60-year-old British citizen, entered his plea yesterday at a hearing before U.S. district judge Pamela Chen in Brooklyn, New York.

Takkas had been charged with 10 criminal counts, and faces a maximum 20-year prison term when he is sentenced on September 19, according to court records.

Takkas was among more than 40 persons and entities charged in a U.S. probe into the payment of more than 200 million dollars of bribes and kickbacks to soccer officials, in exchange for marketing and broadcast rights.

Prosecutors said Takkas had been the attaché to Jeffrey Webb, a former Fifa Vice president and president of Concacaf, the governing body for soccer in North America, Central America and the Caribbean.

Takkas was accused of receiving and transmitting millions of dollars in bribes paid to Webb, including for the awarding of rights to qualifier matches for the 2018 and 2022 World Cups.

 

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