Tuesday 15 June 2021

U.S Judge Denies Eduardo Li Bail

Eduardo Li

QCOSTARICA – Eduardo Li, the former president of the Costa Rican Soccer Federation (Federación Costarricense de Fútbol – Fedefútbol), being held at the Metropolitan Detention Center in Brooklyn, New York, was denied bail.

Li appeared Wednesday morning before Judge Robert Levy, who rejected the bail package presented last week. Levy found Li’s proposal not sufficient guarantee to meet bail payment, scheduling another hearing for February 23.

- Advertisement -

Li’s initial proposal was to pay a US$300,000 cash and pledge US$4.7 million dollars in family assets, in addition to reside in an apartment in New York city under 24 hour electronic surveillance.

Prosecutors opposed Li’s proposal, calling instead for bail of US$10 million to US$15 million, with US$5 million to US$7 million of that payable in cash, saying the Tico poses a flight risk.

“The most precious thing I have are my children. I give them my properties and let them do what they want,” he told the Judge during the hearing.

This was Li’s second bail hearing, the first on December 18, 2015 after being extradited from Switzerland, were he was being held since his arrest on May 27, 2015, two days before he was to have been elected to the FIFA executive committee in representation of CONCACAF, football’s governing body in North and Central America as well as the Caribbean.

Li was one of seven top FIFA officials arrested in a raid on a Zurich luxury hotel.

- Advertisement -

Li faces a number of charges, including racketeering conspiracy in the first degree, two counts of wire fraud conspiracy, two for money laundering conspiracy and two for money laundering.

The indictment alleges that between 2009 and May 2015, when he was arrested in Switzerland, Li conspired to accept and receive more than $700,000 in bribes in exchange for awarding marketing rights to different parties of Costa Rica’s national team with the company, Traffic Sport.

Li says he is innocent.

- Advertisement -

We strive for accuracy in its reports. But if you see something that doesn’t look right, send us an email. The Q reviews and updates its content regularly to ensure it’s accuracy.

"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

Immigration system failure affected passengers at the San Jose airport Monday

QCOSTARICA -  In yet another system-wide failure in the immigration check-out,...

Rainy afternoons and nights this week in most of the country

QCOSTARICA - Characteristic of the rainy season, we will see rain...


Quepos flooded by heavy rains (Photos)

QCOSTARICA - The residents of the Central Pacific endured heavy rains Monday afternoon, June 7, hardest hit the town of Quepos, where the streets...

5.7 Quake jolts Costa Rica

2021-06-10 17:27:0.5, Magnitude: 5.76, Depth 10.0 km, Epicenter: 95.5 km Southwest Malpais de Puntarenas. The jolt was felt also in the Central Valley. No reports...

Seven out of ten over 58 years have been fully vaccinated against covid-19

QCOSTARICA - The Caja Costarricense de Seguro Social (CCSS) reports that 70.3% of people over 58 years of age, the so-called Group 2 of...

On Monday the vehicle restriction will change, again

QCOSTARICA - In times of pandemic, things change constantly, especially when it is necessary to tighten the belt to reduce the contagion of covid-19. The...

Simple to request certification of vaccines against covid-19 applied in Costa Rica and abroad

QCOSTARICA - The Ministry of Health issued a new guideline on Thursday that establishes the requirements to request the vaccination certificate against covid-19 in...

Tourism sector feels in crisis despite increase in international arrivals

QCOSTARICA - Despite the improvement in tourist arrivals reported in May, with more than 72,000 visitors, both the Cámara Nacional de Turismo (Canatur) and...

Today’s Vehicle Restriction: June 9, “EVENS”

Today, Wednesday, June 9, only EVENS can circulate. The measure is countrywide and applied between 5:00 am and 9:00 pm, save for those under the...

The US improves travel alerts for Central America; Not Costa Rica and Nicaragua

QCOSTARICA - The United States has eased travel advisories for most Central American countries, with the exception of Costa Rica and Nicaragua, according to...

Today’s Covid News: Restrictions allowed a decrease in Covid-19 and prevented hospital collapse

QCOSTARICA - A moderate decline in new cases for the third consecutive week allowed the hospital system to avoid the dreaded collapse and rapid...


Get our daily newsletter with the latest posts directly in your mailbox. Click on the subscribe and fill out the form. It's that simple!

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.