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Panama Papers: Swiss police raid UEFA headquarters

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Swiss police have raided the headquarters of the European soccer body UEFA in Nyon to collect data about a contract signed by Gianni Infantino, now head of the global soccer body FIFA, that was reported in the Panama Papers.

Media investigates Tuesday said that UEFA sold broadcast rights for 2006-2009 Champions League matches to Argentine pair Hugo and Mariano Jinkis, owners of Cross Trading, who allegedly resold them to Ecuadorean broadcaster Teleamazonas for three times as much.

The deal, signed when Infantino was UEFA’s legal chief, was revealed in the Panama Papers leaks, but the Swiss Office of the Attorney General (OAG) has implied that it had suspicions before the leaks came out.

UEFA has confirmed that Infantino, who was working for UEFA at the time, was one of two of its officials who signed the contract.

UEFA, however, has denied any wrongdoing by itself or Infantino.

“UEFA can confirm that today we received a visit from the office of the Swiss Federal Police acting under a warrant and requesting sight of the contracts between UEFA and Cross Trading/Teleamazonas,” UEFA said in a statement.

Infantino was elected as FIFA president in February to try and lead the federation into a new, scandal-free era.

In a separate statement, UEFA denied suggestions in some media reports that the rights were sold at below the market price.

UEFA said the rights were sold to Teleamazonas after an “open, competitive, tender process” conducted by TEAM, its exclusive agent.”

“We can also add that the offer made by Teleamazonas was very much the “going rate” for this category of rights in comparable markets in Latin and Central America,” UEFA said in a statement.

It added that anything suspicious about any agreement between the two companies should be investigated by the appropriate authorities.

AFP/Reuters

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PM congratulates Nepali national cricket team

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KATHMANDU— Prime Minister KP Sharma Oli has congratulated Nepali national cricket team for being able to clinch the International T20 series.

PM Oli in a tweet extended best wishes and congratulations saying he was very happy to know Nepal’s win over the UAE by 14 runs in the third match of the series.

Winning T20 series is another landmark success for Nepali cricket, he said, adding, “It is big achievement for Nepal’s cricket. I would like to heartily congratulate entire members of Nepali cricket squad”.

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