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A man in a blue suit is sitting at a table with a microphone in front of a background displaying the CONMEBOL logo.
The president of CONMEBOL is accused of suspicious money movements | Camara La Derecha Diario
ARGENTINA

Alejandro Domínguez, president of CONMEBOL, was reported for fraudulent maneuvers.

On the eve of the FIFA Congress, the president of the South American entity is accused of making financial triangulations

by

Editorial Team

In the preview of the 75th FIFA Congress, which will be held this Thursday in the city of Luque, Paraguay, a high-impact complaint emerged involving an important figure from CONMEBOL.

The person named in the complaint submitted to the FIFA Ethics Committee is none other than the host of the event: the Paraguayan Alejandro Domínguez, current president of the South American entity.

The accusations against Alejandro Domínguez

According to DiarioAR, the complaint was submitted anonymously and targets Domínguez for  alleged irregular financial maneuvers and links with offshore structures located in the United Arab Emirates and Singapore.

The document focuses its accusations on payment triangulations, the use of trust structures, and operations with tax havens. In this context, a formal investigation into the head of CONMEBOL is requested, and even the possibility of "a preventive suspension" is suggested if irregularities are proven.

A man with a beard and a dark blue suit is standing at an event, with blurred people in the background.
Domínguez is said to have funneled money through banks in the United Arab Emirates and Singapore | La Derecha Diario

The presentation directly mentions Standard Chartered Bank, Noo Bank (based in Dubai), and United Overseas Bank (Singapore), as entities that allegedly received transfers and deposits related to Domínguez.

Additionally, the complaint warns of a "growing institutional rapprochement between CONMEBOL and certain actors from the Arab world in recent years", and adds that "the hypothesis that these relationships have been functional to a parallel financial architecture can't be ruled out", according to the document accessed by elDiarioAR.

The precedent of FIFA Gate and reforms in CONMEBOL

The accusation inevitably recalls the FIFA Gate scandal, one of the largest corruption cases in the history of soccer, which erupted in 2015 following an investigation by the United States Department of Justice.

An older man in a dark suit is sitting in front of a blue background with the FIFA logo as dollar bills fall around him.
The FIFA Gate was the biggest corruption scandal in the history of soccer | La Derecha Diario

That case uncovered a  network of bribes, fraud, and money laundering  that implicated top FIFA officials, various confederations, and businessmen linked to the soccer business.

Starting in 2016, in response to the scandal,  CONMEBOL implemented a series of reforms to modernize its operations, increase the competitiveness of its tournaments, and promote the development of soccer. Among the measures adopted are new transparency policies and the implementation of  international public tenders.

➡️ Argentina

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