USA
Cayman National to pay $5M in US tax evasion probe
(CNS Business): Cayman National Corporation is expecting to part with some $5 million in fines to the US authorities in relation to what the bank called “past wrongdoing” by two of its companies, Cayman National Securities and Cayman National Trust Company. In a report on the bank’s website covering its fourth quarter report for 2015, CNC revealed that […]
Webb embezzled cash meant for poorest kids
(CNS): As the international FIFA corruption scandal rolls on, the latest indictment by the United States Department of Justice outlines how Jeffrey Webb, the suspended Cayman Islands Football Association president, took cash meant for disaster relief and grassroots football programmes in some of the world’s poorest countries. Sports Minister Osbourne Bodden has again called for […]
Webb pleads guilty, gives up $6.7M in FIFA probe
(CNS): The former president of the Cayman Islands Football Association (CIFA), Jeffrey Webb, has pleaded guilty to charges against him in the United States Department of Justice FIFA investigation. The local football hero is one of eight defendants who have admitted to various racketeering offences, revealed in the latest update from the US authorities. Webb has […]
FIFA boss admits backroom World Cup deal
(CNS): The beleaguered president of world football’s governing body has admitted that backroom deals had been made among the FIFA executive over the 2018 and 2022 World Cups. In an interview with the Russian news agency TASS, Sepp Blatter revealed that football bosses had agreed before the vote to give the 2018 and 2022 games […]
Swiss grant request for Takkas’ extradition
(CNS): Swiss authorities have approved the US extradition request for Costas Takkas, who was Jeffrey Webb’s assistant when he was CONCACAF president. Takkas, who was once a resident of the Cayman Islands and a general secretary with the Cayman Islands Football Association, was working for Webb as an attache in Miami after the local football […]
Cayman’s reef threat goes global
(CNS): International news leader CNN has published an article by three leading marine scientists who are raising the alarm on the world stage about the threat to Grand Cayman’s reefs as government continues to pursue plans to develop cruise berthing facilities. As Cayman waits to see if the Cayman government will press ahead, despite the dire […]
Swiss FIFA probe nets Blatter as scandal widens
(CNS): Sepp Blatter, the president of FIFA, is now under criminal investigation in Switzerland. The football boss was questioned by police in Zürich Friday in connection with a deal with the Caribbean Football Union when Jack Warner was president and a payment to Michel Platini, President of Union of European Football Associations (UEFA). The Swiss […]
Swiss to extradite Esquivel, Trinidad agrees to give up Warner
(CNS): Jack Warner and Rafael Esquivel are both now facing extradition to the United States in the massive FiFA bribery and corruption investigation after both the Trinidad and Swiss authorities agreed to the American request. Warner (72), who was Jeffrey Webb’s predecessor as CONCACAF president, is accused of accepting millions of dollars in bribes in the […]
CoP attends military workshop in Bavaria
(CNS): Cayman Islands Commissioner of Police David Baines was rubbing shoulders with high-ranking military types last week when he attended a workshop in Europe dealing with international security issues and the links between terrorism, drugs and illicit trafficking. Baines, who is under fire over concerns about the RCIPS’ ability to tackle crime at home and […]
More arrests coming in FIFA probe, says Lynch
(CNS): US Attorney General Loretta Lynch has warned that there will be more arrests and charges to come in the massive FIFA $150 million corruption probe but refused to say if the world football boss, Sepp Blatter, is on the list as she indicated prosecutors were following the evidence. Speaking at a joint press conference […]
Webb heads to Georgia for cheaper house arrest
(CNS): A New York judge has granted permission for Cayman’s Jeffrey Webb to move his house arrest to his home in Atlanta, Georgia. The former FIFA vice president and CONCACAF president had applied for a change in his $10 million bail conditions so he could live at his house in Loganville, as he said he […]
