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Barclays and Standard Chartered launch Fifa investigation

By BBC
Business & Finance Barclays and Standard Chartered launch Fifa investigation
MAY 31, 2015 LISTEN

Two UK banks have started internal reviews into whether they were used for corrupt payments by Fifa officials, the BBC understands.

Barclays and Standard Chartered, as well as HSBC, were referred to in the FBI indictment of seven Fifa officials.

Barclays & HSBC have declined to comment while Standard Chartered said it was looking into those payments and would not comment further at this time.

Meanwhile Labour's Andy Burnham urged England to boycott the next World Cup.

The shadow health secretary and former sports minister told BBC Radio 5 Live's Pienaar's Politics there was a "pretty overwhelming case" for the Football Association to act.

He said he has long had doubts about Russia hosting the event in 2018.

However, FA chairman Greg Dyke said it cannot act alone.

He told BBC One's the Andrew Marr Show: "It's got to be done by enough nations to have an impact, if it's done.

"It would be ridiculous to try to do it on your own because all we'd do is pull out of the World Cup and everyone would say 'well done' and they'd forget all about us.

"We've got to do it alongside other large footballing nations."

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