Panama papers expose: Family denies alleged Lionel Messi involvement in tax scheme

April 5, 2016

Barcelona, Apr 5: Barcelona forward Lionel Messi`s family have denied Spanish media reports that arose following the leak of the `Panama papers` that said he was involved in a tax evasion scheme.

messiGovernments across the world began investigating possible financial wrongdoing by the rich and powerful on Monday after a leak of four decades of documents from a Panamanian law firm that specialised in setting up offshore companies.

The so-called `Panama papers` revealed the financial arrangements of global political and public figures.

While holding money in offshore companies is not illegal, Messi, 28, was on Sunday accused by Spanish newspaper El Confidencial of creating a company with the aim of evading tax.

Reuters could not independently confirm this.

His family issued a statement on Monday denying allegations it said were published by various media organisations that Messi had created a corporate structure aimed at "setting up a tax fraud network".

It added: "The Messi family wish to make it clear Lionel Messi has not carried out any of the acts of which he is accused in the stories and that the allegations of him having designed a tax evasion project are false and injurious, as are those relating to the creation of a money laundering network.

"The Panamanian company referred to in said reports is a completely inactive company, which has never had any capital or active current accounts, and which dates from the old corporate structure set up by the Messi family`s previous financial advisors, with the tax implications for Lionel Messi having been settled at the time.

"In light of the above the Messi family has instructed their current legal team ... to look into the prospect of bringing legal action against the media organisations who published the story."

Reuters could not immediately reach Messi`s lawyers.

BARCA BACKING

His club have given Messi`s family their backing.

"Barcelona wishes to express the club trusts the arguments the Messi family have made public and that from the moment the documents linking Leo Messi with `the Panama papers` were made public, Barcelona have shown their support and solidarity to the player and all his family," the European champions said in a statement.

"The club has put all its judicial, fiscal and administrative means at the disposition of the family should they need to clarify their position and repute in this case," the statement added.

A tax fraud case against Messi is to be heard in a Barcelona court between May 31 and June 3 after the World Player of the Year and his father Jorge were accused by the tax office in 2013 of defrauding the Spanish state of 4.2 million euros ($4.5 million) from 2007-09.

Revenue was hidden using shell companies in Uruguay, Belize, Switzerland and the United Kingdom to avoid paying tax, according to the prosecutor`s office.

Reuters was unable to determine if or how this case relates to the details provided in the `Panama papers`.

Last October a Spanish court ordered that Messi and his father stand trial. The state attorney has proposed jail terms of up to 22 months if they are found guilty.

Messi and his father, who has denied the accusations, paid five million euros to the tax authorities as a "corrective" measure after being formally charged in June 2013.

Messi is preparing to play for Barca in Tuesday`s Champions League quarter-final first leg at home to Atletico Madrid.

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News Network
May 30,2020

New Delhi, May 30: Former world chess champion Viswanathan Anand will be finally reaching India late on Saturday after being stuck in Germany for over three months due to the travel restrictions imposed in the wake of the COVID-19 pandemic.

"Yes.. Anand will be returning today," the chess maestro's wife Aruna told PTI on Saturday morning. Anand, who boarded an Air India flight (AI-120) from Frankfurt on Friday night will reach Bengaluru via Delhi.

He is expected to reach Bengaluru at 1.15 pm. The five-time world champion will undergo 14 days quarantine as per rules laid down by the Karnataka government.

"He will complete quarantine procedures and come to Chennai as per protocol," Aruna Anand said. The flights from Germany are only scheduled to land only in Delhi and Bengaluru.

The chess ace was in Germany to play in the Bundesliga chess league and was to return to India, but was forced to stay put after the COVID-19 outbreak disrupted sporting schedules across the globe, apart from restricting movement.

He was staying near Frankfurt and was doing online commentary for the Candidates tournament which was called off mid-way due to the pandemic and led the Indian team in the Online Nations Cup early this month.

Anand had been in touch with his family in Chennai on a regular basis via video calls and kept himself busy with chess-related work.

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Agencies
May 17,2020

Berlin, May 17: Top-flight football in Germany kicked off again on the weekend, becoming the first major sports league in the world to resume play, as parts of Europe took more tentative steps towards normality after the devastation unleashed by the coronavirus pandemic.

With the worldwide death toll past 310,000 and the global economy reeling from the vast damage caused by lockdowns, the reopenings in some of the hardest-hit countries provided much-needed relief from the pandemic.

The French returned to the beach and Italy announced a resumption of European tourism with outbreaks in Europe slowing, but the rising number of fatalities in the United States and Brazil were a grim reminder of the scale of the crisis, with more than 4.6 million infections reported globally.

With governments trying to reopen their economies while avoiding the second wave of infections that could necessitate more lockdowns, Germany's Bundesliga resumed its season on Saturday with games played in vacant, echoing stadiums.

League heavyweights Borussia Dortmund hosted rivals Schalke at the all-but-empty Signal Iduna Park -- which would usually be packed with more than 80,000 raucous fans.

"It's sad that matches are played in empty stadiums, but it's better than nothing," said 45-year-old Borussia Dortmund fan Marco Perz, beer in hand, as he prepared to watch the game on TV.

Dortmund's Erling Braut Haaland became the first player to score a goal after the two-month shutdown and celebrated by dancing alone -- away from his applauding teammates -- in keeping with the strict hygiene guidelines which allowed the league to resume.

The only noise was the cheering and clapping of players and coaches.

League champions Bayern Munich will play Union Berlin in the capital on Sunday, with the resumption in Germany seen as a test case as other top sports competitions try to find ways to resume play without increasing health risks.

"The whole world will be looking at Germany, to see how we get it done," said Bayern boss Hansi Flick.

Prime Minister Giuseppe Conte of Italy, however, said Saturday he needed more guarantees before the government can give the green light for the resumption of its top football league, which is struggling with logistical difficulties as clubs try to arrange training sessions and quarantine facilities.

With the Northern Hemisphere's summer approaching, authorities are moving to help tourism industries salvage something from the wreckage.

Italy, for a long stretch the world's worst-hit country, announced that European Union tourists would be allowed to visit from June 3 and a 14-day mandatory quarantine would be scrapped.

"We're facing a calculated risk in the knowledge that the contagion curve may rise again," Conte said during a televised address.

"We have to accept it otherwise we will never be able to start up again."

In France, the first weekend after the strictest measures were lifted saw many ventures out into the spring sunshine -- and hit the beach.

In the Riviera city of Nice, keen swimmers jumped into the surf at daybreak.

"We were impatient because we swim here all year round," said retiree Gilles, who declined to give his full name.

With the threat of a second wave of infections on their minds, authorities in many countries have asked people not to throng public spaces like beaches as they are made accessible again.

Officials in parts of England on Saturday warned people to stay away from newly reopened beauty spots and avoid overcrowding.

Germany also saw the latest in a growing wave of anti-lockdown protests in many parts of the world, with rallies in major cities bringing together conspiracy theorists, anti-vaccine activists and other extremists.

There were similar protests in France, Switzerland and Poland.

Since emerging in China late last year, the coronavirus has whipped up a catastrophic economic storm, which has left tens of millions unemployed in the United States and many are wondering when a recovery will be possible.

With more than 88,000 deaths and 1.47 million confirmed coronavirus cases, the United States is the worst-hit country on the planet, and the administration of President Donald Trump has faced intense criticism of the way it has handled the crisis.

Former president Barack Obama took a swipe at the response to the pandemic, telling graduates at a virtual commencement ceremony that many leaders today "aren't even pretending to be in charge" -- a remark widely regarded as a rare rebuke of his successor.

Trump is keen to reopen the US economy -- the world's largest -- despite warnings from experts that infections could flare up again if social distancing measures are eased too quickly.

Forty-eight of the 50 US states have now eased lockdown rules to some extent.

Much like Trump and his political allies, Brazil's far-right President Jair Bolsonaro is also keen to end lockdowns, which he claims have unnecessarily damaged the South American nation's economy over a disease he has dismissed as "a little flu".

But the virus has continued its deadly march in Brazil, where the death toll passed 15,000 on Saturday and it became the country with the fourth-largest coronavirus caseload with 230,000 infections.

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Agencies
March 15,2020

Chennai, Mar 15: Wicket-keeper batsman MS Dhoni has left the Chennai Super Kings (CSK) training camp following the postponement of the Indian Premier League (IPL) amidst the coronavirus scare.

The former India skipper had joined the CSK's camp earlier this month in order to practice for the upcoming IPL season.

CSK's official handle tweeted a video of Dhoni and captioned the post as: "It has become your home sir!" Keep whistling, as #Thala Dhoni bids a short adieu to #AnbuDen".

Thirty-eight-year-old Dhoni has been currently enjoying some time away from the game. He last played competitive cricket during the 2019 World Cup.

Dhoni had to face criticism for his slow batting approach during India's matches in the tournament.

Earlier this year, Dhoni did not find a place for himself in the BCCI's centrally contracted players list.

BCCI had released the list of central contract list of players for the period from October 2019 to September 2020.

On Friday, BCCI decided to postpone the IPL until April 15 as a precautionary measure against the coronavirus pandemic.

On Saturday, all the IPL franchises met in Mumbai to discuss as to how to go on with the tournament in the future.

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