For the record, what "Spiegel" reported was that: 1) the organizing committee maintained a secret slush fund
worth 6.7 million euros donated by an Adidas executive; 2) German football legend Franz Beckenbauer and current German Football Association President (DFB) Wolfgang Niersbach knew about the fund; 3) the DFB later paid FIFA a corresponding sum to underwrite cultural events that never took place, and the money subsequently disappeared; 4) other influential German football figures acknowledged in private, unconfirmed conversations that the money had been used for bribes.
Over the centuries, as every graduate student of history knows, presidents and potentates have had their slush funds
to carry out discreet activities of statecraft that they would prefer not to explain in public.
The financial group based in Daegu with seven subsidiaries a DGB Daegu Bank, DGB Life, DGB Capital, DGB Asset Management, DGB Upay, DGB Data System and DGB Credit Information a has been under investigation by the prosecution following allegations that Park, along with 16 group executives, formed a slush fund
of some 3 billion won since his inauguration in 2014.
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used 'to buy votes' for Germany's 2006 World Cup appeared first on Cyprus Mail .
AN INTERNAL audit of Airbus sales campaigns, ordered after allegations of the use of slush funds
, has turned up no irregularities, says parent company European Aeronautic Defence and Space.
MoD police seized 386 boxes of evidence of the slush fund
from a warehouse in Hertfordshire last week.
There were allegations that the firm ran a multi-millionpound "slush fund
" offering sweeteners to Saudi royals and shady intermediaries in return for lucrative contracts.
The cash claimed to be a bribe by prosecutors in serving a fresh arrest warrant on Moriya comes from a slush fund
created through Yamada's U.S.
The Everton boss wants to blow open the Premiership monopoly and he reckons robbing one of the big four of their Champions League slush fund
is the best way to do it.
The Saudis countered the claim and BAE last month denied further reports that said it had used a 'slush fund
' to influence Saudi officials togrant the company defence deals almost ten years ago.
She says: "When autumn arrives I slow up on my spending so I know I have a slush fund
to absorb the cost."
He set the scene for a bitter clash with Labour and Lib Dem opponents over claims that the Scottish Executive's growing contingency fund was a "slush fund