Fifa crisis: 16 more officials charged after earlier arrests
Friday, December 04, 2015
The new indictment, released by the Department of Justice in Washington, came hours after the arrest of two Fifa vice-presidents in Zurich on Thursday.
Former Brazil football federation chief Ricardo Teixeira was among those accused of being "involved in criminal schemes involving well over $200m (£132m) in bribes and kickbacks".
While the political shift brings hope for change, it also places immense pressure on the new administration to deliver on its election promises in the face of serious economic challenges.On another level, newly appointed Finance Minister Ndaba Gaolathe’s grim assessment of the country’s finances adds urgency to the moment. The budget deficit, expected to be P8.7 billion, is now anticipated to be even higher due to underperforming diamond...