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Jeffrey Webb released on £6.4m bond after pleading not guilt

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  • #1

    Jeffrey Webb released on £6.4m bond after pleading not guilt

    Former Fifa chief Jeffrey Webb released on £6.4m bond after pleading not guilty to bribery charges
    By PA REPORTER
    PUBLISHED: 19:31 EST, 18 July 2015 | UPDATED: 19:46 EST, 18 July 2015

    A former senior Fifa official has pleaded not guilty to racketeering and bribery charges in a corruption case that has sent shockwaves through the football world.
    Jeffrey Webb was released on £6.4 million ($10m) bond following his arraignment in federal court in Brooklyn, New York. His lawyer declined comment after the hearing.
    Edward O'Callaghan, the lawyer of Jeffrey Webb, walks out of Brooklyn Federal Court on Saturday
    +2
    Edward O'Callaghan, the lawyer of Jeffrey Webb, walks out of Brooklyn Federal Court on Saturday
    Webb, 50, was among seven Fifa officials detained in Switzerland. The rest are fighting extradition.
    Prosecutors allege the defendants plotted to pay bribes of more than £100 million ($150m) over a 24-year period. The payments were tied to the award of broadcasting and hosting rights for the World Cup and other tournaments.
    Since the indictment, Webb has been banned provisionally and replaced as the Fifa vice president from the North and Central American and Caribbean region. Webb was also president of the regional governing body Concacaf.


    Read more: http://www.dailymail.co.uk/sport/foo...#ixzz3gIyVRToM
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    THERE IS ONLY ONE ONANDI LOWE!

    "Good things come out of the garrisons" after his daughter won the 100m Gold For Jamaica.


    "It therefore is useless and pointless, unless it is for share malice and victimisation to arrest and charge a 92-year-old man for such a simple offence. There is nothing morally wrong with this man smoking a spliff; the only thing wrong is that it is still on the law books," said Chevannes.
    Tags: None
  • #2
    By entering that plea, Mr. Webb indicated that he would not yet cooperate with the authorities in their case against 14 soccer officials and sports marketing and media executives who were arrested in one of the biggest international sports corruption inquiries.

    Mr. Webb bowed his head and clasped his hands as he entered his plea during the hourlong hearing. With his wife, Kendra Gamble-Webb, and her parents and grandmother in the court, Mr. Webb and his lawyer, Edward O’Callaghan, agreed to a complicated deal that would allow the once-powerful soccer official to be released on $10 million bail, covered by a bond package that included 10 real estate properties owned by him, his wife and other relatives; three cars; and expensive watches and jewelry.


    http://www.nytimes.com/2015/07/19/sp...tion-case.html
    THERE IS ONLY ONE ONANDI LOWE!

    "Good things come out of the garrisons" after his daughter won the 100m Gold For Jamaica.


    "It therefore is useless and pointless, unless it is for share malice and victimisation to arrest and charge a 92-year-old man for such a simple offence. There is nothing morally wrong with this man smoking a spliff; the only thing wrong is that it is still on the law books," said Chevannes.

    Comment

    • #3
      $10 million bond! Wow, Suge Knight need to link up with Mas Webb.

      Comment

      • #4
        Figet Suge...Captain seems to be linkin up jes fine...

        Originally posted by Brush View Post
        $10 million bond! Wow, Suge Knight need to link up with Mas Webb.
        (from Wikipedia)-bakery business and money transfer business must be great!

        Webb was a Business Development Manager at Western Union agent belonging to Fidelity Bank(Cayman) Limited, a subsidiary of Fidelity Bank & Trust International Limited, which is involved in retail banking, investment banking, corporate finance and asset management. Outside of banking, Webb co-owns a franchise of Burrell's bakery chain "Captain's Bakery" in the Cayman Islands.
        "H.L & Brick .....mi deh pan di wagon (Man City)" - X_____ http://www.reggaeboyzsc.com/forum1/showthread.php?p=378365&highlight=City+Liverpool#p ost378365

        X DESCRIBES HIMSELF - Stop masquerading as if you have the clubs interest at heart, you are a fraud, always was and always will be in any and every thing that you present...

        Comment

        • #5
          How you know he didnt buy real estate and flip it by appreciation , you know value added to increase value or is it a net spend thing for you.
          THERE IS ONLY ONE ONANDI LOWE!

          "Good things come out of the garrisons" after his daughter won the 100m Gold For Jamaica.


          "It therefore is useless and pointless, unless it is for share malice and victimisation to arrest and charge a 92-year-old man for such a simple offence. There is nothing morally wrong with this man smoking a spliff; the only thing wrong is that it is still on the law books," said Chevannes.

          Comment

          • #6
            Originally posted by X View Post
            How you know he didnt buy real estate and flip it by appreciation , you know value added to increase value or is it a net spend thing for you.
            Maybe he did...but that's not what I posted was it? What I posted was his link to the Captain's Bakery...which must have at least been good for a helicopter....fully depreciated of course.
            "H.L & Brick .....mi deh pan di wagon (Man City)" - X_____ http://www.reggaeboyzsc.com/forum1/showthread.php?p=378365&highlight=City+Liverpool#p ost378365

            X DESCRIBES HIMSELF - Stop masquerading as if you have the clubs interest at heart, you are a fraud, always was and always will be in any and every thing that you present...

            Comment

            • #7
              Are you insinuating that a westindian banker/lawyer couldnt build such wealth ,thus his bond is based on corrupt money.
              THERE IS ONLY ONE ONANDI LOWE!

              "Good things come out of the garrisons" after his daughter won the 100m Gold For Jamaica.


              "It therefore is useless and pointless, unless it is for share malice and victimisation to arrest and charge a 92-year-old man for such a simple offence. There is nothing morally wrong with this man smoking a spliff; the only thing wrong is that it is still on the law books," said Chevannes.

              Comment

              • #8
                Bonds? What is it the person asked to put up bond

                must come up with?

                10% in New York?
                I think so. ...and how much risk will the bondsman be willing to assume? Nothing less than that 10% down? ...or for missa Webb an additional 1, 2, 3, 4 or 5%?

                So Webb might have had to come up with 640000 pounds or less?
                Based on what we have heard on this FIFA - USA interdiction thing...dat deh moni nuh buttah???
                "Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed, it is the only thing that ever has."

                Comment

                • #9
                  there might be freezing orders ...

                  Infidelity does not consist in believing, or in disbelieving; it consists in professing to believe what he does not believe. Thomas Paine

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