TO RUSSIA’S foreign ministry, the American mass indictment of FIFA officials is just another example of the superpower trying to “set itself up as a judge far outside its borders”. Few would take Russia’s counsel on international law, but in this case it is on to something. American prosecutors like Loretta Lynch (pictured) do indeed reach much farther than their peers elsewhere—sometimes too far.
They can do so partly because of America’s financial pre-eminence and the global status of the greenback. America’s crime-busters claim the right to go after anyone who uses its banking system (including indirectly, using “correspondent” banks to clear payments) or plans an illegal scheme on its soil. Some of the accused FIFA officials and marketing executives allegedly discussed or engaged in palm-greasing while in America. Several banks and branches that handled transactions are American, and some of the implicated associations and marketing companies have offices there.
American prosecutors are also unusually creative, using a different law when the one that appears most relevant lacks...
from The Economist: International http://ift.tt/1M7QSzs
No comments:
Post a Comment