Six banks from the Caribbean, three of which are from T&T, are listed as having completed wire transfers of large sums of money for the Fifa officials who were charged by the US.
On Wednesday last, former Fifa vice president and MP for Chaguanas West, Jack Warner surrendered himself to the Fraud Squad of the T&T Police because of the US indictments in New York.
According to the 166-page indictment in United States vs Jeffrey Webb, et al, in which many senior Fifa officials and others are charged with multiple counts of racketeering, money laundering and wire fraud involving US$150 million, six Caribbean banks are listed as having completed wire transfers of large sums of money for the defendants.
The regional banks listed in the indictment are: First Caribbean International Bank (Bahamas), Barclays Bank (Cayman Islands), Fidelity Bank (Cayman Islands), First Citizens Bank (T&T), Intercommercial Bank (T&T) and Republic Bank (T&T).
None of the banks has been charged with any crime, or regulatory violation.
On Friday, the Bankers' Association of T&T (BATT) stated that it remains committed to working with local and foreign regulators and law enforcement agencies as the investigation progresses.
"The Bankers Association of Trinidad and Tobago (BATT) has taken note of the fact that certain local commercial banks have been named in the indictment raised against the Member of Parliament for Chaguanas West, Austin 'Jack' Warner," the association said in a release.
"BATT wishes to acknowledge that banks, as responsible corporate bodies, are committed to co-operating fully with regulatory and law enforcement agencies when engaged on matters of a regulatory, legal and/or criminal nature," it noted.
Warner is currently free on $2.5 million bail.
Source: Cura�ao Chronicle