Audio By Carbonatix
Swiss lawmakers have passed legislation allowing more scrutiny of bank accounts held by sports officials and organizations.
The law passed on Friday, in a 128-62 vote in the lower chamber of parliament, was prompted by FIFA bribery scandals in recent years.
Switzerland-based sports leaders such as FIFA President Sepp Blatter and IOC President Thomas Bach are now classed as "politically exposed persons" in wider legislation covering money-laundering.
Swiss lawmaker Roland Buechel says "normally these rules are for politicians and dictators."
Buechel says the law also applies to executive committee members and employees of sports federations.
The law allows greater scrutiny of "any strange movement" in bank accounts and financial assets held in Switzerland, Buechel says.
Buechel says further draft legislation making sports corruption a criminal offense could pass in 2016.
Latest Stories
-
AyaSol initiative launched to support youth-led solar businesses in Ghana
35 minutes -
Photos: e-Crime Bureau hosts inaugural Founder’s Opera Soirée on AI-driven cyber threats
49 minutes -
World Corporate Golf Challenge Ghana officially launches 2026 season
50 minutes -
Prof Gyampo Writes: Democracy, free speech and the survival of the Ghanaian polity
1 hour -
e-Crime Bureau hosts inaugural Founder’s Opera Soiree on AI-era leadership and cyber threats
1 hour -
Mahama rejects ‘kenkey and waakye party’ celebration after IMF exit, says economy still work in progress
1 hour -
David Hundeyin to release documentary on Tanzania election violence coverage
2 hours -
Photos: President Mahama cuts sod for 24-hour economy market in Bole
3 hours -
Ghana-eligible midfielder Kofi Amoako joins Hamburg from Dynamo Dresden
3 hours -
Mahama commissions Yamoransa Model Lab 13 to advance STEM and digital skills training
3 hours -
Youth Ministry says nearly 90,000 young people are employed under government programmes
4 hours -
Adaklu Mountain now a security zone – Volta Regional Minister
5 hours -
Volta Regional Minister assures PAC of stricter supervision of government projects
5 hours -
Can Parliament enforce its own laws?
5 hours -
ECG announces major transformer upgrade at Batsonaa – see the affected areas
5 hours