Report accuses FIFA of covering up major Argentina FA corruption scandal
A new investigative report has accused football’s governing body FIFA of covering up a massive money laundering and embezzlement scandal involving the Argentine Football Association.
Investigative journalist Romain Molina claims the global organisation provided protection to the South American nation’s footballing authority despite US investigations exceeding $300m (£236m).
The allegations point to a vast network of financial irregularity, with substantial funds reportedly siphoned through shell companies.
Miami firm granted commercial rights
According to the findings, the reigning world champions granted all international commercial rights to a newly founded Miami company just nine days before their 2022 World Cup victory.
This private entity, which reportedly possessed no prior sporting experience, received a 30% commission on all external revenue.
Molina alleges that tournament prize money was transferred directly to the Florida-based business rather than official accounts in Buenos Aires.
The journalist described this unprecedented financial arrangement as entirely illogical for an international sporting federation.
Millions transferred to shell companies
The investigation outlines how millions of dollars were subsequently moved to ordinary individuals facing debt or living in public housing.
These individuals allegedly vanished shortly after receiving the funds, while neighbours noted sudden, drastic lifestyle changes.
Molina claims this misappropriated wealth financed luxury properties, private jets, yachts and non-footballing ventures such as karting.
Claims of internal complicity
The justice system suspects that high-ranking officials personally benefited from the illicit funds, concealing luxury assets under third-party names.
The report claims that these extensive financial dealings occurred with the full knowledge of the sport’s global administrators.
Questions have been raised regarding Emilio Garcia, the legal director of the governing body, who is accused of maintaining close ties with the implicated officials.