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Serious Fraud Office to 'assess material in its possession' that may be connected to Fifa corruption case Serious Fraud Office to 'assess material in its possession' that may be connected to Fifa corruption case
(about 2 hours later)
The Serious Fraud Office says it is actively assessing "material in its possession" relating to Fifa corruption allegations revealed by the FBI this week. The Serious Fraud Office is actively assessing "material in its possession" connected to the Fifa corruption charges revealed by the FBI this week.
It comes after bank accounts at Barclays, HSBC and Standard Chartered Bank were allegedly used to transfer cash as part of the conspiracy. A spokeswoman for the Serious Fraud Office (SFO) in London today said: "The SFO continues actively to assess material in its possession and has made plain that it stands ready to assist ongoing international criminal investigations."
The three British-based international banks were named on the indictment released by the US Department of Justice, which charged a total of 18 people over alleged bribes totalling more than 150 million US dollars (£98 million) for television rights, sponsorship deals and World Cup votes.
A spokeswoman for the Serious Fraud Office (SFO) in London said: "The SFO continues actively to assess material in its possession and has made plain that it stands ready to assist ongoing international criminal investigations."
The SFO would not comment on what the material is or when it first came to its attention.The SFO would not comment on what the material is or when it first came to its attention.
Payments totalling millions of US dollars allegedly passed through accounts held with the three British banks, with the majority of transactions made in America. This comes after accounts at British-based international banks Barclays, HSBC and Standard Chartered Bank were allegedly used to transfer money in the conspiracy.
According to the indictment released by the US Department of Justice, which charged 18 people over alleged bribes equivalent to £98 million for broadcasting rights, sponsorship deals and World Cup votes, million-dollar and six-figure payments passed through accounts held with the three banks, with the most of transactions made in the US.
A payment for 500,000 US dollars (£326,000) reached the HSBC account of a luxury yacht manufacturer in London in 2013, while one million US dollars was funnelled through a HSBC account in Hong Kong and a Standard Chartered Bank account in New York before ending up in the Cayman Islands in 2012, the charges said.A payment for 500,000 US dollars (£326,000) reached the HSBC account of a luxury yacht manufacturer in London in 2013, while one million US dollars was funnelled through a HSBC account in Hong Kong and a Standard Chartered Bank account in New York before ending up in the Cayman Islands in 2012, the charges said.
Some 200,000 US dollars (£131,000) were also wired between two Barclays accounts in New York and the Cayman Islands.Some 200,000 US dollars (£131,000) were also wired between two Barclays accounts in New York and the Cayman Islands.
Standard Chartered Bank said: "We are aware that two payments cleared by Standard Chartered are mentioned in the indictment. We are looking into those payments and will not be commenting further at this time."Standard Chartered Bank said: "We are aware that two payments cleared by Standard Chartered are mentioned in the indictment. We are looking into those payments and will not be commenting further at this time."
Barclays declined to comment.Barclays declined to comment.
Additional reporting by PA