Argentine football was shaken by massive graft raids, including at Banfield FC and a financial firm, as investigators probe $553 million in alleged money laundering tied to player transfers, putting AFA President Claudio Tapia under increasing political pressure.
Argentine football is facing fresh scrutiny after police conducted mass graft raids, including at the headquarters of Banfield football club and the financial firm Sur Finanzas.
The probes are part of a money laundering investigation that identified $553 million in suspicious funds linked to shell companies, placing renewed pressure on Argentine Football Association (AFA) President Claudio “Chiqui” Tapia.
The investigation alleges that Sur Finanzas used transfer money from a Banfield player as collateral to channel illicit funds.
This case, alongside another probe into Tapia’s personal finances, highlights ongoing corruption allegations that surface as AFA remains locked in a political dispute over privatizing the country’s football clubs.