Former Fox Execs & Imagina CEO Charged In FIFA Bribery Case
Two former senior executives at 21st Century Fox and the previous co-CEO of Spanish media agency Imagina have been indicted by the U.S. Division Of Justice over their alleged position in a bribery scheme of FIFA officers in alternate for broadcast and advertising rights.
The New York filing expenses Hernan Lopez, the previous chief govt of Fox Worldwide Channels and Carlos Martinez, the previous president of Fox Latin America, with wire fraud and cash laundering, claiming that the duo “relied on loyalty secured by means of the fee of bribes” to South American soccer officers with the intention to “advance the enterprise curiosity of Fox” and achieve “confidential bidding info” to win U.S. TV rights to the 2018 and 2022 World Cups.
The 2 executives are additionally accused of being concerned in bribing South American soccer officers to win rights to Copa Libertadores soccer tournaments.
Gerard Romy, the previous co-CEO of Imagina, and Uruguayan sports activities advertising firm Full Play Group have been additionally charged with bribing soccer officers.
Lopez and Martinez are scheduled for arraignment in federal court docket in New York on 9 April and resist 20 years in jail if discovered responsible. In keeping with stories, legal professionals for the 2 males mentioned each deliberate to contest the fees.
COPYRIGHT_BP: Published on https://bingepost.com/former-fox-execs-imagina-ceo-charged-in-fifa-bribery-case/88133/ by Cecilia Jones on 2020-04-07T08:07:37.000Z
Fox gained rights for the 2018 and 2022 World Cup tournaments again in 2011. Controversially, FIFA awarded the broadcaster rights for the 2026 occasion with out aggressive bidding.
We have now reached out to Fox dad or mum Disney for remark.
Dozens of people and corporations have been charged as a part of the U.S. authorities’s sprawling investigation into FIFA corruption. Prosecutors have secured at the very least 23 responsible pleas.
