Money laundering: Rosell, ex-Barca president held without bail

By Daily Sports on May 26, 2017

Views: 1,437

 

Former Barcelona president Sandro Rosell will remain in prison while being investigated for money laundering related to the sale of the Brazilian national football team's television rights after being denied bail on Thursday.

After hearing Rosell's testimony before Spain's National Court on Thursday, Judge Carmen Lamela Diaz considered, in a decision made public by the court, that Rosell posed a flight risk, could destroy evidence and posed a risk of reoffending if granted bail, in a decision made public by the court.

Rosell, 53, was arrested on Tuesday on suspicion that he and former head of the Brazilian football federation (CBF), Ricardo Teixeira, who is not part of the investigation, siphoned off €15 million in illegal commissions from TV rights deals.

Rosell, his wife and three other accomplices who were also arrested on Tuesday, are accused of mounting a criminal organisation that "laundered money from illicit commissions" derived by Teixeira selling the rights to Brazil's matches.

One of the other accused Joan Besoli was also denied bail, however both men can appeal the decision.

The investigation is centred on a contract signed in 2006 to hand over the rights to 24 Brazil friendly matches to a company based in the Cayman Islands but tied to Saudi group Dallah Albaraka.

The contract states that whoever bought the rights would have to pay into funds controlled by Rosell and Teixeira.

In the court filing the judge suspects that Rosell received €6.58 million and Teixeira €8.393 million "without the knowledge of the CBF and to its detriment."

*Photo shows Sandro Rosell, former Barcelona president.

 

Source Daily Sports

Posted May 26, 2017

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

You may also like...
Spurs expose Spanish giant, Real Madrid

I have already picked my overaged players for...

Edo Aiteo FA Cup: Insurance, Dynamite romp into...

IOC bans four athletes for life, strips them...

Man Utd charged over FA Cup tie conduct...

Elephants trounce Russia

 

Latest News Super Eagles stars named in financial crime case with EFCC worth ₦300m Alisson: Liverpool offer for Brazil goalkeeper accepted by Roma Ox to miss 'vast majority' of season Gianfranco Zola: Former Chelsea striker appointed Maurizio Sarri's assistant Fans of FC Torpedo Moscow protest after Russian side sign black defender Erving Botaka-Yoboma Enyimba in narrow win over Williamsville in CAF Confederation Cup Stoke City's Oghenekaro Etebo reportedly turned down Watford move Anthony Joshua: 'I'd rather lose than be a drugs cheat' Ronaldo targets Champions League glory at new club Juventus Emery at Arsenal: Long live the king World Cup 2018: France & Nigeria stars in U23 Player of the Tournament Who's in charge? Nigeria's professional league has been suspended indefinitely

 

Most Read Rangers International going, going . . . (44,000 views) Amaju Pinnick: A cat with nine lives (36,155 views) Missing $150,000 IAAF Grant: Solomon Dalung’s Hide and Seek game (35,050 views) Sports Development: Zenith Bank on the zenith (34,015 views) Current issues in Nigerian sports: Matters arising (33,093 views) Gov. Abdullahi Ganduje’s solid footprints, commitment to sports development in Kano State (32,794 views) Commonwealth Games 2018: Shame of Muhammadu Buhari, Solomon Dalung (32,339 views) Olopade, BET9A wave of revolution in NNL (32,016 views) Ibrahimovic’s Man U exit: Whose decision is it? And in whose interest? (29,327 views) World Cup Friendlies: Eagles Beware! (28,594 views) Let’s save Kelechi Emeteole's life! Let’s follow Omeruo, others' shining examples (28,336 views) Nkechi Obi and Nationwide League: One success story (27,673 views)

 

 

 

 

 

News Athletics (245) Basketball (98) Boxing (493) Columnists (317) Euro Soccer Update (2995) Fans Assembly (3) From the Grassroots (39) Golf (62) Interviews (14) Live Commentary (2) News (3847) NPL Glo Premier League (951) People and Places (22) Readers Parliament (5) Tennis (410)

 

 

 

Phone numbers

Tel: +234(0)8066020976
+234(0)8055068145
+234(0)7013416146
+234(0)8094272884

Email addresses

info@dailysportsng.com
support@dailysportsng.com
publisher@dailysportsng.com

Office address

No 3, Adetoun Close, Off College Road, Ogba, Ikeja Lagos.
Website: www.dailysportsng.com

Social Media