On Thursday, the Court of Arbitration for Sport lifted the Qatari's life ban from soccer imposed by FIFA for his role in a vote-buying scheme in the Caribbean during his 2011 bid for the FIFA presidency.

On Friday, details of an audit of his activities as Asian Football Confederation (AFC) president were shown to AP. The audit detailed how he spent $700,000 from AFC bank accounts to conduct family business -- $10,000 on a Bulgari watch for himself and nearly $5,000 for his daughter's cosmetic dentistry, among others -- how he paid soccer officials around the world -- $250,000 to Concacaf's Jack Warner -- and how he negotiated contracts on his own.

The audit found that an AFC contract with World Sports Group and its subsidiary World Sports Football were no-bid contracts and "considerably undervalued." A $14 million payment from companies with stakes in World Sports Group was made to the AFC for the ''personal use of its president,'' the report said.

World Sport Group's CEO and founder is Seamus O'Brien, chairman of the New York Cosmos, who recently was awarded an NASL franchise.

During the Watergate cover-up Deep Throat kept telling the two young reporters to follow the money trail. It turned out to be very good advice from that FBI guy.

Looks like by the time we get done with this one it is going to lead to the NASL.

http://nasl.com/index.php?id=3&newsid=2840

Not sure how that might happen?

http://www.newsday.co.tt/news/0,163806.html

“Mr Warner appears to be prone to an economy with the truth,” the court said. “He has made numerous statements as to events that are contradicted by other persons, and his own actions are marked by manifest and frequent inconsistency.

In its ruling, which has been obtained by Newsday, the Switzerland-based court found that:

* Warner held a secret US-dollar account which contained at least US$455,000 (TT$2.8 million) in which he mingled personal funds and CFU football funds;

In relation to the secret bank account, the court said there was “ample” evidence that Warner placed funds from the CFU in it and mixed it with personal funds. At least TT$2.8 million in payments were made via cheque out of this account to Chuck Blazer, the FIFA executive committee member and one-time Warner ally who has been said to have first reported allegations against Bin Hammam to FIFA.
161141

http://blogs.wsj.com/corruption-currents/2012/07/26/fifa-suspends-mohamed-bin-hammam-over-audit/

World soccer’s governing body suspended Mohamed bin Hammam for up to 90 days amid an audit into the finances of the confederation he used to lead.

The suspension, which the Fédération Internationale de Football Association said was conducted at the request of both heads of the new bicameral ethics committee, comes a week after bin Hammam’s lifetime ban from soccer was lifted by the Court of Arbitration for Sport.

In a statement, FIFA said the suspension was handed down to prevent bin Hammam from obstructing a preliminary investigation into potential misconduct on his behalf based on a July audit by PwC of the finances of the Asian Football Confederation.

I think they should take the money out of soccer worldwide so we can avoid these issues of corruption.

Soccer Boy and a wee bit of modest sarcasm...you know I kinda like it

http://www.newsday.co.tt/news/0,164057.html


He said Warner has been the subject of “a cascade of allegations” which pointed to serious wrongdoing and in some instances criminal conduct. Rowley criticised Warner’s position that he would not respond or cooperate with investigations and publicly sought to downplay the importance of the allegations. Even “more troubling” is Warner’s decision not respond to any concerns raised by parliamentarians or citizens. Rowley said Warner as someone holding public office could not adopt such a stance.

On Saturday the General Council unanimously passed a resolution condemning Warner’s behaviour and calling for his immediate removal from the Cabinet “in keeping with the protection of the public interest”, TT’s international image, and the Government’s promise of good governance.

http://wwos.ninemsn.com.au/article.aspx?id=8512002

Former FBI director Louis Freeh will assist the Asian Football Confederation in the corruption investigation of its suspended president Mohamed bin Hammam.