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Forensic accountants to review FIFA bank transactions

An international accounting firm is being brought in to assist the Cayman Islands Monetary Authority with a forensic review of any local bank transactions connected to the U.S.-based indictments of FIFA officials.

A changing of the guard at CIMA

The Cayman Islands Monetary Authority has undergone a major shake-up ... but, frankly, not the one which we had anticipated.

US prosecutors seek more FIFA victims, witnesses

Federal prosecutors look for more leads in the FIFA corruption probe while banks come under increased scrutiny again.

CIMA directors change in midst of 'internal review'

Changes are made at the top for the Cayman Islands Monetary Authority.

Webb bail: Homes, cars and jewels

Jeffrey Webb's family risks millions to secure his release from prison.

Western Union counters close in Cayman

Western Union counters in the Cayman Islands closed without warning Friday after Fidelity Bank’s board of directors decided one day earlier to end the service, according to the bank.

Webb freed on $10 million bail

Former FIFA vice president Jeffrey Webb pleaded not guilty Saturday to a 15-count U.S. federal court indictment against him alleging that he engaged in an international racketeering and bribery scheme with more than a dozen other defendants.

FIFA defendant extradited to U.S.

FIFA defendant No. 1 - believed to be Cayman's Jeffrey Webb - is sent to the U.S. to face charges.

First of ‘FIFA seven’ extradited

One of seven defendants arrested in connection with an international racketeering and bribery case involving world football’s governing body was sent back to the U.S. to face charges Wednesday.

Pharmaceutical contract draws prosecutors' scrutiny

A second public hospital contract catches local prosecutors' attention in the CarePay criminal probe.

Webb could be extradited this week

Jeffrey Webb is expected in federal court in New York within several days to face criminal charges in the FIFA corruption investigation.

Webb extradition: US request likely to take precedence

Swiss authorities must weigh competing extradition requests for Cayman's Jeffrey Webb.

Reports: Webb agrees on extradition to U.S.

Cayman Islands native and former FIFA Vice President Jeffrey Webb agreed Thursday to be extradited to the United States.

Charges allege Webb, Watson benefited from hospital contracts

Former FIFA VP Jeffrey Webb and Cayman businessman Canover Watson are alleged to have benefitted from what prosecutors say was a corruptly awarded public hospital contract.

CarePay defendants to face more Grand Court charges

Criminal charges against two of the three defendants involved in the CarePay corruption case are sent to Grand Court.

Webb was director of Jack Warner's Cayman company

Jeffrey Webb was a director of Jack Warner’s Cayman company J&D International, which obtained World Cup TV rights and sold them for millions.

Webb facing extradition to US and Cayman

Cayman's Jeffrey Webb is now facing criminal charges in both of his home ports.

US seeks extradition of Webb, Takkas

U.S. prosecutors issued extradition requests Wednesday for seven indicted FIFA officials arrested in late May.

Webb charged in CarePay case

Former FIFA Vice President Jeffrey Webb was charged Friday in connection with an ongoing Cayman Islands criminal investigation involving the award of a public hospital contract to a local company prosecutors allege was controlled by Webb’s close associate Canover Watson.

FIFA extradition request deadline looms

The clock is ticking on the extradition of seven FIFA defendants arrested in Switzerland.

Manhattan DA: Cayman ‘better positioned’ to fight terrorism finance

A top U.S. prosecutor says Cayman is currently better prepared to fight against terrorism financing than America.

Online poll: Opinions varied on Cayman corruption

A majority of respondents to last week’s caymancompass.com poll believe corruption is either not a particular problem or a problem that is not overwhelming in the Cayman Islands.

Growing case backlog for financial regulator

Cayman's Financial Reporting Authority has seen an increase in cases and a growing backlog of suspicious financial activity reports.

Online poll: Most think FIFA's problems go beyond Blatter

Most respondents to a caymancompass.com online poll don't think the resignation of Sepp Blatter will clean up FIFA of its problems.

Swiss open new FIFA probe

The Swiss attorney general said he has opened a separate investigation into FIFA officials awarding the 2018 and 2022 World Cups to Russia and Qatar.

Keeping Cayman's focus on FIFA

In the midst of the ongoing local “Sturm und Drang” regarding this government and this newspaper, it is important that we not lose sight of the Cayman Islands' role in the FIFA scandal.

FIFA defendant wants out of detention

One of the seven FIFA defendants arrested in Switzerland last month says he wants out of detention pending extradition proceedings.

Legislators vote to pull Compass advertising

Legislators voted on Monday to pull Government advertising and cease any commercial activity with the Cayman Compass newspaper in response to an editorial which Premier Alden McLaughlin has described as “treasonous”.

Webb 'consultant' at Fidelity when bribes alleged

Former CONCACAF President Jeffrey Webb was still working at Fidelity Bank when U.S. authorities allege he solicited bribes that were funnelled through an account at the bank.

Business interests tie Webb, Takkas to Cayman company

Jeffrey Webb and his attaché Costas Takkas served as directors for a Florida based penny stock company that maintains a subsidiary, run by Takkas, at Cayman Enterprise City.

Costas Takkas: From amateur dramatics to the world stage

Costas Takkas, the second man with links to the Cayman Islands arrested in the FIFA bribery probe, was an auditor who achieved brief fame for a whacky scheme to get English and Scottish professional footballers to play for the Cayman Islands in World Cup qualifi

Premier calls anti-corruption editorial 'treasonous'

Cayman's premier accuses the publisher of the Cayman Compass newspaper of crimes against the state over an editorial.

24 years of Cayman football history

When Jeffrey Webb became president of the Cayman Islands Football Association 24 years ago, there was so little documentation and memorabilia that its entire history was handed to him in a shoebox.

Cayman's financial regulator begins 'internal review'

Cayman's financial regulator begins an internal review of FIFA-related matters.

Local bank linked to CarePay corruption probe

More problems for a Cayman bank already embroiled in an international footbal bribery scandal.

CIMA chief Scotland must recuse herself from FIFA matters

Cindy Scotland, the managing director of the Cayman Islands Monetary Authority, must recuse herself from all matters that come before our country’s financial regulator involving the unfolding FIFA scandal.

Premier: 'Zero tolerance' for corruption

Cayman Islands Premier Alden McLaughlin has defended the islands' reputation in the wake of the FIFA bribery scandal, saying his government takes a “zero tolerance approach to anyone carrying out illicit activities” through the territory.

Corruption: An insidious, creeping crime

Corruption in a country corrodes, erodes — and eventually destroys. It is all too common in the Cayman Islands. From George Town to ghost town, in the blink of an eye. It could happen.

Extradition orders from US awaited

There is no sign yet of extradition orders from the U.S. for the seven FIFA defendants being held in Switzerland.

Fidelity Bank to review transactions in FIFA probe

Cayman’s Fidelity Bank has announced plans to conduct an internal review of transactions linked to the FIFA corruption probe.

Webb out as local football president

Facing corruption allegations and banned from “football-related activities” by world governing body FIFA, Jeffrey Webb has been replaced “on a provisional basis” as president of the Cayman Islands Football Association, a position he held for 24 years.

Webb-Watson connection in bribe allegation

More connections between Cayman Islands football officials involved in separate criminal probes are revealed.

International media focusing on Cayman

An unfinished, problem-plagued football field next to the Cayman Islands Football Association’s headquarters has become the symbol for FIFA’s lopsided power structure.

Corporate president gets $5M bond in FIFA probe

The first defendant in the FIFA bribery scandal appears before a U.S. court.

Hurricane season: Take no comfort from rosy forecasts

Monday, June 1, marked the beginning of “hurricane season” in the Atlantic basin. From now until the end of November, residents and visitors should remain on heightened alert that a terrible storm may develop and strike the Cayman Islands at any time.

Webb and Canover Watson: Same-street mansions in Georgia

Two top-level Cayman Islands football officials who face separate criminal investigations related to bribery and corruption charges own houses on the same street in Loganville, Georgia.

When 'no comment' is the wrong comment

All that the Cayman Islands has painstakingly built now faces great peril, in the form of the still-combusting FIFA scandal. Yet the response from our leaders is near silence.

Defendants face range of charges

A look at who was indicted by U.S. federal officials in the FIFA corruption scandal, and the charges they face.

Webb to fight extradition to US, out as president of CONCACAF

U.S. authorities will face a fight over the extradition of seven FIFA officials arrested in Switzerland this week.

A twisted web of bribes and money laundering

U.S. law enforcement obtained six guilty pleas in the FIFA corruption investigation since 2013, kept under wraps until the indictments announced Wednesday, May 27.

Cayman's Jeffrey Webb indicted in massive FIFA corruption probe

A number of FIFA leaders, including prominent Caymanian Jeffrey Webb, are arrested in Switzerland and charged with corruption and racketeering.

The Webb arrest: Dealing with the reputational fallout

The arrest of Caymanian Jeffrey Webb in relation to corruption and racketeering charges filed in the U.S. will cause the Cayman Islands significant reputational damage.

FIFA VP Webb indicted in US racketeering probe

A 47-count U.S. federal court indictment revealed Wednesday morning has alleged that FIFA Vice President and Cayman Islands resident Jeffrey Webb took part, along with at least eight other high-ranking FIFA officials, in a decades-long corruption and racketeering scheme.

Women's day will help reach goals

The Confederation of North, Central America and Caribbean Association Football will celebrate its first Women’s Football Day this Saturday.

Moxam reflects on a year of leading Cayman's national teams

National team performing well under Moxam's leadership.

Brazil joins elite for CONCACAF U-15's return

Brazil is the latest country to commit to playing in the 2015 CONCACAF Boys’ Under-15 Championship in Cayman and Jamaica this summer.

Blatter endorses Webb to succeed him as FIFA chief

FIFA president Joseph Blatter has suggested that Confederation of North, Central American and Caribbean Association Football boss Jeffrey Webb has the potential to become the leader of world football’s governing body.

Soccer events boost Cayman's economy, report says

Regional football governing body CONCACAF has generated more than US $30 million of economic activity in the Cayman Islands since Jeff Webb took over the presidency, according to a report produced by Maples FS for the organization.

World Cup call renewed

The burning issue of where future World Cup tournaments will be hosted is being widely debated this week as international matches are played worldwide.

England joins U-15 CONCACAF

The Cayman Islands has scored another massive achievement, by attracting an England national football team for a tournament here in the summer.

Ex-minister gets soccer court role

Lawyer and former Tourism Minister Cline Glidden has been seconded to regional football governing body CONCACAF to assist in establishing a new dispute resolution court for the sport based in the Cayman Islands.

Webb's goal of upgrading CONCACAF is meeting targets

Jeffrey Webb is set to be re-elected unopposed as president of the Confederation of North, Central American and Caribbean Association Football when it meets next month.

U-15 tournament will attract 1,000 people to boost coffers

The Confederation of North, Central America and Caribbean Association Football (CONCACAF) has confirmed the teams for the second staging of the CONCACAF Boys’ Under-15 Championship which will again be held in the Cayman Islands this summer.

Cayman chosen for football dispute court

Two football federations covering the Americas have selected Cayman for the site of a new sports arbitration court.

Martinez edges closer to pros

Brilliant teenage footballer Sebastian Martinez has taken another step towards his dream of becoming a professional in England after signing a two-year apprenticeship contract with Swindon Town.

Webb denies FIFA challenge

Jeffrey Webb, president of the Confederation of North, Central American and Caribbean Association Football, is strenuously denying that he wants to be the next FIFA president.

Bahamas to host Beach Soccer World Cup

The Bahamas Football Association will host the 2017 FIFA Beach Soccer World Cup, so if the Cayman Islands gets to the finals, they will not have to travel too far.

Scotiabank backs Webb as tournament schedule takes shape

Caribbean football has fresh support.

Webb: Cases of racism are shocking

Football’s governing body plans to strengthen its monitoring and prevention of discrimination.

CONCACAF U-15s kick off again in Cayman

The Cayman Islands will host the second annual CONCACAF Boys’ Under-15 Championship next August.

Whittaker moves up

Alfredo Whittaker, the long serving referee administrator, has been appointed to the referees’ committee of football’s world governing body, International Federation of Association Football (FIFA) in the competitions division.

Godet chairs newly created committee

The Cayman Islands Football Association has appointed a seven member committee to work on the development of women’s football in the Cayman Islands.

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