Bank Hapoalim agrees to pay over $30 mln for its role in FIFA scandal -DOJ

WASHINGTON (Reuters) – Bank Hapoalim B.M. (POLI.TA) agreed to pay more than $30 million for its role in the FIFA money laundering conspiracy, the U.S. Department of Justice said on Thursday.

The Israeli bank and its wholly-owned subsidiary admitted they, through employees, conspired to launder over $20 million in bribes and kickbacks to soccer officials with Fédération Internationale de Football Association (FIFA) and other soccer federations, the DOJ said in its statement.

Reporting by Chris Prentice; Editing by Chris Reese