Skip to main content

Lionel Messi sentenced to 21 months for tax fraud



A court in Spain on Wednesday sentenced Barcelona striker Lionel Messi and his father to 21 months in jail for tax fraud and slapped them with a fine of 3.7 million euros ($4.1 million).
But these prison sentences are likely to be suspended as is common in Spain for first offences for non-violent crimes carrying a sentence of less than two years.
The Argentina and Barcelona star and his father Jorge HoracioMessi were found guilty of using companies in Belize and Uruguay to avoid paying taxes on 4.16 million euros of Messi‘s income earned from his image rights from 2007-09.
The income related to Messi‘s image rights that was allegedly hidden includes endorsement deals with Banco Sabadell, Danone, Adidas, Pepsi-Cola, Procter & Gamble and the Kuwait Food Company.

Comments

Post a Comment

Popular posts from this blog

Buhari Commissioned Automated Rice Factory In Calabar (Photos)

Buhari Commissioned  Automated  Rice Factory  in Calabar on 26th June, 2018

1999 Constitution- CRSHA votes on Thursday

6th January,  2018|Politic| The Cross River State House of Assembly prepares to vote on Thursday January 11, 2018.  CONSTITUTION OF THE FEDERAL REPUBLIC OF NIGERIA, 1999 (FOURTH ALTERATION, NO. 2) ACT, 2017. 1. A bill for An act to alter the provision of the constitution of the Federal Republic of Nigeria, 1999 to reduce the period within which the President or the governor of a state may authorise the withdrawal of monies from the Consolidated Revenue Fund in the absence of an Appropriation Act from six months to three months; and other related matters.  CONSTITUTION OF THE FEDERAL REPUBLIC OF NIGERIA, 1999 (FOURTH ALTERATION, NO 4) ACT, 2017. 2. A bill for an Act to alter the provisions of the Constitution of the Federal Republic of Nigeria, 1999 for the funding of the Houses of Assembly of States directly from the Consolidated Fund of the State; and other matters related. CONSTITUTION OF THE FEDERAL REPUBLIC OF NIGERIA, 1999 (FOURTH ALTERATION, NO. 5) ACT,

Video Johnny Drille - 'Romeo and Juliet'

Mavin Records very own alternative singer – Johnny Drille dishes out the visuals to his previously heard love ballad entitled 'Romeo & Juliet'. The cinematic visuals is bound to keep your eyes glued to the screen until the last second of the music video. Outstanding piece from Johnny Drille.