A former banker who once led an Argentine sport-marketing firm testified Wednesday he conspired with two former 21st Century Fox executives to pay as much as $32 million in bribes to South American soccer bosses for lucrative tournament broadcasting rights.
Alejandro Burzaco, who once worked for Citigroup Inc. in New York, is the government’s star witness against Hernan Lopez and Carlos Martinez, the two former Fox sports executives on trial for engaging in wire-fraud and money-laundering conspiracies. US prosecutors say the duo paid bribes to promote Fox’s interests in securing the rights to soccer matches, including the 2018 and 2022 World Cup tournaments.
