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Messi’s tax fraud trial opens in Spain

by Thinkers
31/05/2016
1 min read
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Messi’s tax fraud trial opens in Spain
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Argentine forward, Lionel Messi’s  tax fraud trial opened on Tuesday in his
 absence in Spain.
 Messi and his father Jorge, who manages his financial
affairs, are accused of defrauding Spain of more than 
€4m (£3m; $4.5m) between 2007 and 2009.

The authorities allege that the two used tax havens in
 Belize and Uruguay to conceal earnings from image
rights.
The Spanish tax agency is demanding heavy fines and
prison sentences.

They deny any wrongdoing.
The trial is expected to last for three days, with Messi
appearing in court on Thursday.
 The income related to Messi’s image rights, including
contracts with Banco Sabadell, Danone, Adidas, Pepsi-
Cola, Procter and Gamble, and the Kuwait Food
Company.

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