Citi receives subpoena in FIFA probe

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Citigroup said it received a subpoena from the U.S. Attorney for the Eastern District of New York regarding the bank’s possible role in bribes paid to international soccer officials.

Bloomberg News reports that the government is seeking information on banking relationships and transactions tied to FIFA, global soccer’s governing body, Citigroup said Friday in its annual regulatory filing with the Securities and Exchange Commission.

FIFA is under investigation by U.S. and Swiss authorities for alleged bribery and corruption in the awarding of the 2018 and 2022 World Cups to Russia and Qatar. Almost 40 people, including a dozen FIFA officials, have been arrested in connection with corruption in soccer.

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Citigroup Receives Subpoena From U.S. Attorney in FIFA Probe

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