NEW YORK: Lawyers acting for former Brazilian federation president Jose Maria Marin have asked for more time to meet the $1m cash demand included in his $15m bail bond over FIFAGate corruption charges.
The 83-year-old, who denies wrongdoing, was extradited to the United States two weeks ago from Switzerland where he was arrested in Zurich on May 27.
District Judge Raymond J Dearie set bail at $15m, including $1m in cash, a $2m corporate surety bond and a mortgage on his Trump Tower apartment in New York’s Fifth Avenue.
Charles A. Stillman, a lawyer for Marin, wrote to Dearie explaining that the mortgage was available but more time was needed to provide the cash and corporate surety bond.
His letter said: “We hoped to post the $1m cash component today, but ran into some difficulty. A bank check in the amount of $769,000 will be filed with the clerk of the court tomorrow and the balance [subsequently]. With respect to the $2m surety bond, a letter of credit has been obtained from a Brazilian bank and we are working with the surety to finalize the issuance of the bond.”
Stillman asked that security for the bond be modified. He also said Assistant US Attorney Samuel P Nitze told him the government would not consent to the change.
Marin, who headed Brazil’s preparations to host the 2014 World Cup while president of the CBF, is accused of being among high-ranking football officials who were due to receive $110m in bribes in exchange for the media rights for regional tournaments.
At least $40m had been paid out when the charges were laid.
The indictment also links Marin to a scheme to receive bribes for the commercial rights associated with the Copa do Brasil, an annual tournament for Brazil’s top club teams.