Wednesday, April 06, 2016

#PananaPapers: UEFA Offices Ransacked By Swiss Police

#PananaPapers: UEFA Offices Ransacked By Swiss Police
A contract signed by Fifa's new president is named in the Panama Papers, as BBC sports editor Dan Roan reports. 

The offices of European football's governing body have been searched by Swiss police after ex-secretary general Gianni Infantino was named in papers leaked from a Panamanian lawfirm.

While working for Uefa, Infantino co-signed a television rights deal in 2006 with two businessmen who have since been accused by the FBI of bribery.

Infantino, now head of world governing body Fifa, has denied any wrongdoing.Uefa says it is giving police all relevant documents in its possession.

Cross Trading - owned by Hugo Jinkis and his son, Mariano - bought TV rights for Uefa Champions League football in 2006 for $111,000(£78,000) and immediately sold them on to Ecuadorian TV broadcaster Teleamazonas for$311,170 (£220,000).

Cross Trading also paid $28,000 (£20,000) for the rights to the Uefa Super Cup, selling those to Teleamazonas for $126,200 (£89,000).

The contract came to light after11 million documents were leakedfrom Mossack Fonseca.

Fifa suspect Eugenio Figueredo faces extradition to USA statement from Switzerland's Office of the Attorney General (OAG) said a "co-operative search" took place "for the purpose of securing evidence".

It said its criminal proceedings were connected to the acquisition of television rights and were"directed against persons unknown, meaning that for the time being, no specific individual is being targeted".

It added: "The suspicion is based on the result offindings that have emerged from other proceedings, as well as the corresponding financial analyses carried out by the OAG."

Current publications in the media subsequently revealed still other elements that made it possible to complement the existing findings in a decisive manner."

The final impetus was provided, in particular, byconfirmation on the part of Uefa that it had concluded contracts with Cross Trading SA." - bbc

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