FIFA panel member charged with fraud in Cayman

FIFA panel member charged with fraud in Cayman

Published Nov. 20, 2014 7:34 p.m. ET

GEORGE TOWN, Cayman Islands -- A member of FIFA's financial monitoring panel has been charged with fraud in a criminal investigation in his Cayman Islands homeland.

A Cayman anti-corruption unit has charged Canover Watson with money laundering, fraud and breach of trust amid a probe into a 2010 contract to supply local hospitals with a swipe-card billing system.

The 43-year-old Watson is the former chair of a health authority board in the British Caribbean territory. He issued a statement denying any wrongdoing after being questioned by investigators in August.

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Calls to Watson's Grand Cayman home went unanswered Thursday. He is due in court on Tuesday.

Watson was temporarily suspended from FIFA's eight-person audit and compliance committee in September pending the outcome of the Cayman case. The panel scrutinizes FIFA's $1 billion-plus annual revenue and commercial contracts.

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