Swiss prosecutors looking into 53 'suspicious' Fifa cases

Bern

SWISS prosecutors are investigating 53 cases of possible money laundering as they look into Fifa's handling of bids for the 2018 and 2022 World Cups, officials said on Wednesday. Julius Baer Group Ltd, Switzerland's third-largest wealth manager, has also opened an internal probe related to investigations of Fifa.

Attorney general Michael Lauber said that the "suspicious" cases had been reported by banks and that a "huge and complex" inquiry into football's world body could take months if not years.