One of the eight members of FIFA’s financial watchdog has been arrested by police on suspicion of corruption and money-laundering.

Canover Watson, a businessman from the Cayman Islands and vice-president of the Caribbean Football Union, has denied the allegations.

Watson sits on FIFA’s audit and compliance committee, a body set up in 2012 to “ensure the completeness and reliability” of the world governing body’s finances. He is a close friend of FIFA vice-president Jeffrey Webb.

The 43-year-old was arrested by officers and has been released on bail to report back to police on September 29.

The arrest follows a police investigation into a hospital swipe-card billing system in the Cayman Islands.

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