German Police Raid Football Association on Suspicion of Tax Evasion

Written by Randy Capps at Bloguin

The investigation into corruption involving the German Football Association (DFB) and the country’s successful bid to host the 2006 FIFA World Cup took another turn Tuesday when Frankfurt police raided DFB headquarters, according to a BBC report.

The report also states that the homes of DFB President Wolfgang Niersbach, former president Theo Zwanziger and former Secretary General Horst Schmid were also searched.

The BBC report says about 50 officers and tax inspectors searched the DFB headquarters and the homes of the three officials in a tax evasion probe linked to the awarding of the World Cup to Germany in 2006 — and an alleged transfer of €6.7 million from “the organizing committee for the DFB to (FIFA).”

Niersbach has denied the allegations, insisting that the money was a loan used to earn larger FIFA funding.

The report goes on to say that the deal was agreed at a meeting between suspended FIFA President Sepp Blatter and Franz Beckenbauer, the president of the organizing committee for the 2006 World Cup.

To continue reading this article, click here

×

Eye Popper Digital is the premier digital advertising technology and solutions firm. We’ve developed ad units that run across both desktop and mobile driving high-impact viewability, engagement and revenue for publishers and advertisers.

Learn more about us.