Mexican TV giant Televisa is facing a lawsuit filed in U.S. federal court and linked to alleged bribes made to secure FIFA World Cup television rights.
The complaint, filed on Tuesday in federal court in New York, alleges that Televisa used a subsidiary company to pay bribes in order to win the rights to the 2018, 2022, 2026 and 2030 editions of the tournament. The lawsuit also suggested that information about the payments were covered up.
The Colleges of Applied Arts & Technology Pension Plan, which owns shares in Televisa, alleged that they missed out on “hundreds of millions of dollars” due to the bribe payments.
The full original article can be found at tv5.espn.com