OREANDA-NEWS. Israeli Bank Hapoalim B.M. (POLI.TA) agreed to pay more than $ 30 million for participating in money laundering as part of a corruption scandal at the International Football Federation. It's reported by Reuters with reference to the US Department of Justice.

Representatives of the bank and its subsidiary in Switzerland admitted that their employees legalized more than $ 20 million, the ministry said in a statement. This money was received by FIFA officials in the form of bribes. It's reported that the bank Hapoalim B.M will pay $ 30 million under an agreement with the US government. According to representatives of the US prosecutor's office conducting an investigation, the money was spent through the bank from December 2010 to February 2015.

"For almost five years, Bank Hapoalim employees have used the US financial system to launder tens of millions of dollars in bribes from corrupt football officials in different countries", said Brian Benchkovsky, assistant attorney general for the criminal department of the US Department of Justice.