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

By Daily Sports on May 26, 2017

Views: 1,950

 

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


 

You may also like...
Afcon Qualifier: What Super Eagles must do against...

4 talking points about Moses, Ndidi and Iheanacho’s...

Mix reaction trail GGG v Alvarez draw bout...

Amaju Pinnick is a traitor; he must be...

Confed Cup: Raja look to complete the job...

Arsenal triumph at Watford

 

Latest News AFCON: The 3 Errors of Rohr That Cost Super Eagles against Algeria Super Eagles Will Bounce Back Against Tunisia — Moses Simon Siasia Opens Up on Mother’s Kidnap AFCON: Senate President Ahmed Lawan Urges Eagles to Go All Out for Bronze Former Boxing World Champion Whitaker Dies Manchester United ‘Confident’ of New De Gea Deal Agent: Coutinho’s Heart Is With Liverpool Arsenal Fans Unite To Demand Kroenke Changes Everton Sign England Midfielder Delph from Manchester City Casillas Gets Porto Coaching Role Victor Valdes To Be Named Barcelona U-19 Coach Ramsey Hoping To Emulate Juventus Legend John Charles

 

Most Read Rangers International going, going . . . (45,632 views) Amaju Pinnick: A cat with nine lives (37,675 views) Missing $150,000 IAAF Grant: Solomon Dalung’s Hide and Seek game (36,280 views) Sports Development: Zenith Bank on the zenith (35,870 views) Gov. Abdullahi Ganduje’s solid footprints, commitment to sports development in Kano State (34,860 views) Current issues in Nigerian sports: Matters arising (34,782 views) Second Term: Amaju Pinnick, Other NFF Heavyweights Home to Roost •How Pinnick Broke the Jinx (34,133 views) Olopade, BET9A wave of revolution in NNL (33,884 views) Commonwealth Games 2018: Shame of Muhammadu Buhari, Solomon Dalung (33,542 views) NFF Presidency: Pinnick, Maigari, Ogunjobi, Okoye in Battle for Supremacy (32,808 views) John Mikel Obi: Segun Odegbami’s Outrageous Call! (30,708 views) Ibrahimovic’s Man U exit: Whose decision is it? And in whose interest? (30,628 views)

 

 


 

News Athletics (290) Basketball (174) Boxing (556) Columnists (458) Euro Soccer Update (5102) Fans Assembly (3) From the Grassroots (46) Golf (74) Interviews (14) Live Commentary (4) News (5249) NPL Glo Premier League (1030) People and Places (22) Readers Parliament (6) Tennis (573)

 

 

 

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