After Indicting FIFA Boss, Swiss Police Ransack UEFA Offices Over Panama Papers Scam

Posted by African Examiner Latest Headlines, Sports News Wednesday, April 6th, 2016

BALTIMORE, MD (AFRICAN EXAMINER) – The offices of European football’s governing body have been searched by the Swiss police after the ex-secretary general Gianni Infantino, incumbent FIFA President, was named in papers leaked from a Panamanian law firm.

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.

The FIFA Head has however denied any wrongdoing.

Still, 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 to an Ecuadorian TV broadcaster, Teleamazonas for $311,170 (£220,000).

The same company also paid $28,000 (£20,000) for the rights to the UEFA Super Cup, selling those to Teleamazonas for $126,200 (£89,000).

It would be recalled the contract came to light after 11 Million documents were leaked from Mossack Fonseca.

BBC