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CNN —Criminal proceedings against FIFA President Gianni Infantino over his dealings with former Swiss attorney general Michael Lauber have been closed, Swiss prosecutors said on Thursday, a decision Infantino hailed as a vindication of “the new FIFA.”Infantino was elected in 2016 to clean up world soccer body FIFA after it became embroiled in corruption scandals. However, Swiss authorities launched proceedings against Infantino himself in 2020 on suspicions of secrecy violations, abuse of office and aiding and abetting related to meetings he held with Lauber. In ending the proceedings, prosecutors said their investigations had “invalidated” such suspicions. Swiss authorities had been investigating contacts between Infantino and Lauber, who resigned as Swiss attorney general after a court concluded he covered up a meeting with the FIFA boss and lied to supervisors while his office investigated corruption at the football body. The prosecutors said that their investigation had turned up no evidence that Infantino had “instrumentalized” the Office of the Attorney General of Switzerland “into unusual, inexplicable, erroneous or even criminal acts or omissions.”FIFA said they had noted the decision to close the proceedings “with extreme satisfaction.”
Persons: Gianni Infantino, Michael Lauber, ” Infantino, Infantino, Italian Infantino, Organizations: CNN, FIFA, Swiss, Lauber, ” FIFA Locations: Italian, Infantino, Switzerland
Swiss prosecutors end proceedings against FIFA boss Infantino
  + stars: | 2023-10-26 | by ( ) www.reuters.com   time to read: +2 min
[1/2] FIFA president Gianni Infantino is seen after Spain won the Women's World Cup final, Stadium Australia, Sydney, Australia - August 20, 2023. REUTERS/Asanka Brendon Ratnayake/File Photo Acquire Licensing RightsOct 26 (Reuters) - Criminal proceedings against FIFA President Gianni Infantino over his dealings with former Swiss attorney general Michael Lauber have been closed, Swiss prosecutors said on Thursday, a decision Infantino hailed as a vindication of "the new FIFA". Infantino was elected in 2016 to clean up world soccer body FIFA after it became embroiled in corruption scandals. In ending the proceedings, prosecutors said their investigations had "invalidated" such suspicions. Swiss authorities had been investigating contacts between Infantino and Lauber, who resigned as Swiss attorney general after a court concluded he covered up a meeting with the FIFA boss and lied to supervisors while his office investigated corruption at the football body.
Persons: Gianni Infantino, Asanka Brendon Ratnayake, Michael Lauber, Infantino, Italian Infantino, Rohith Nair, Pearl Josephine Nazare, Toby Chopra Organizations: FIFA, Spain, REUTERS, Swiss, Lauber, Thomson Locations: Australia, Sydney, Italian, Infantino, Switzerland, Bengaluru
If you've heard of "cash stuffing," there's a good chance it's because of Jasmine Taylor. In the first year of cash stuffing, she paid down $23,000 in student loans and wiped out $9,000 worth of medical and credit card debt. How cash stuffing can change your mindset around moneyThe cash stuffing method isn't new. When she and her husband tried cash budgeting for a year, "we couldn't believe how much we did not spend. How to budget with cash stuffing
Prediction Capital has launched its first fund to back early-stage fintech and consumer startups. The $30 million fund, backed by Swiss family office Infinitas Capital, will focus on the DACH region. The Malta-based firm, which has reached the first close of its new $30 million early-stage fund, will focus on startups in the DACH region. Its focus is early-stage startups, across pre-seed to Series A, and initial ticket sizes will range from $250,000 to $500,000. With the help of the family office, Prediction Capital has been able to close four deals so far.
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