Yes we’re still talking about FIFA, South Africa’s contribution to the Diaspora Legacy Program and where exactly that $10 million went – this one isn’t going away any time soon so strap yourselves in for the ride.
Now seeing as though South Africa never bothered to follow up on where that money was spent (despite Jack Warner being investigated for corruption as far back as 2011) we can be thankful that the BBC have done some digging. In news that should come as a shock to no one it appears Warner used the payment for personal cash withdrawals, personal loans and a side of money laundering. Let’s break it down clearly:
In the three transactions – on 4 January, 1 February and 10 March 2008 – funds totalling $10m (£6.5m) from FIFA accounts were received into Concacaf accounts controlled by Jack Warner…
The documents [seen by the BBC] reveal how the money was spent and moved around…Nearly $1.6m was used to pay the former FIFA vice-president’s credit cards and personal loans.
The documents show the largest personal loan Mr Warner provided for himself was $410,000. The largest credit card payment was $87,000.
Right, so we can follow the money we sent over from our account to FIFA’s account to accounts controlled by Jack Warner. The former FIFA vice-president has been charged by US prosecutors and, given the wealth of evidence there seems to be against him, his days as a free man look numbered.
[source:bbc]
[imagesource: Sararat Rangsiwuthaporn] A woman in Thailand, dubbed 'Am Cyanide' by Thai...
[imagesource:renemagritte.org] A René Magritte painting portraying an eerily lighted s...
[imagesource: Alison Botha] Gqeberha rape survivor Alison Botha, a beacon of resilience...
[imagesource:mcqp/facebook] Clutch your pearls for South Africa’s favourite LGBTQIA+ ce...
[imagesource:capetown.gov] The City of Cape Town’s Mayoral Committee has approved the...