Fifa crisis: UBS has “received inquiries” over accounts linked to football’s governing body
UBS is the latest bank to reveal it has been approached by law enforcement authorities investigating Fifa corruption.
The paper trail from football's under-fire governing body has led Swiss investigators to a number of "suspicious" transactions at various banks while US authorities have questioned HSBC, Standard Chartered, Deutsche Bank and Credit Suisse amongst others.
British banks Standard Chartered, Barclays and HSBC all launched internal investigations after being named in the US Department of Justice's (DOJ) lawsuit against nine Fifa officials for racketeering, wire fraud and money laundering.
Read more: Serious Fraud Office to examine Fifa allegations after being accused of "failing its duty"
In its latest earnings report, UBS said it could now be counted among the list of banks to have formed part of an investigation into Fifa:
UBS has, and reportedly numerous other financial institutions have, received inquiries from authorities concerning accounts relating to the Federation Internationale de Football Association (Fifa) and other constituent soccer associations and related persons and entities.
UBS is cooperating with authorities in these inquiries.
Fifa president Sepp Blatter, Uefa president Michel Platini and Fifa general secretary Jerome Valcke are all currently suspended from the organisation as Fifa's own ethics body looks into a £1.4m payment Blatter made to Platini which could have "acted against the interest of Fifa".
A £4.8m payment from the German Football Association to Fifa in 2005 is also under scrutiny amid accusations it was in return for votes made five years earlier that awarded the tournament to the country.