Saturday, October 31, 2020

Former Barcelona President Sandro Rosell Acquitted of Money Laundering

-

A Spanish court acquited former Barcelona president Sandro Rosell of money laundering on Wednesday after spending almost two years in pre-trial custody.

The 55-year-old, as well as his wife and four others, were accused of ‘large scale money laundering’ estimated to be €20m in relation to television rights and sponsorship in Brazil.

Rosell had spent 643 days in pre-trial custody, but it was confirmed on Wednesday that the former Barça chief had been cleared of the charges by the Spanish national court.

Back in July 2018, over a year after he was put in pre-trial custody, Rosell spoke to Spanish media outlet Marca about his experience during that time, adding that he believes he would not have been left in jail if he wasn’t the president of Barcelona.

- Advertisement -

“It is inexplicable and unheard of, I have been on remand in jail for 14 months waiting for a trial,” Rosell said last year. “Not only will I not flee but it is my intention to prove my innocence. Of course, I will not flee.

“I am not in prison for being FC Barcelona president but if I hadn’t been then I would not be here. As president, I found myself with enemies due to my commitment with the club but I do not know who I did so much harm to.”

- Advertisement -
- Advertisement -

MUST READ

Former Venezuelan national treasurer indicted in US for money laundering

Hugo Chávez’s former nurse has been charged with money laundering in a Miami federal court, accused of taking bribes from a billionaire media mogul...

Actress Lori Loughlin begins 2-month prison sentence for role in college admissions scam

Actress Lori Loughlin reported to a federal prison in Northern California on Friday to start a two-month sentence for her role in a massive...

FirstEnergy fires CEO, other executives over Ohio bribery scandal

FirstEnergy Corp. has fired its CEO amid multiple federal investigations related to an Ohio nuclear bailout law passed year. The Akron-based utility company announced in a...

Ukraine’s court strips critical power from anti-corruption agency

Ukraine's Constitutional Court has stripped the country’s anti-corruption agency of some of its critical powers. The high court’s ruling published on October 28 declared it...

Former South Korean President Lee Myung-bak sent back to prison for 17 years in corruption case

Former South Korean president Lee Myung-bak was ordered back to prison on Thursday (Oct 29) as the country's Supreme Court upheld a 17-year jail...

Subscribe For More

Get our daily notification on the latest financial crimes news around the World

Advertisement
Advertisement

Latest News

This Week

CEO of Serenity sober home gets 17 years in prison for health care fraud

The CEO/president of the Serenity Ranch Recovery network was sentenced to more than 17 years in prison Friday following a six-week trial in Fort Lauderdale federal...

Lodi City Council candidate arrested for laundering money through gambling

A Lodi City Council candidate and Stockton business owner was arrested Wednesday afternoon on suspicion of money laundering, along with other criminal charges, the...

Ukraine’s court strips critical power from anti-corruption agency

Ukraine's Constitutional Court has stripped the country’s anti-corruption agency of some of its critical powers. The high court’s ruling published on October 28 declared it...

Actress Lori Loughlin begins 2-month prison sentence for role in college admissions scam

Actress Lori Loughlin reported to a federal prison in Northern California on Friday to start a two-month sentence for her role in a massive...
Advertisement

Adblock Detected!

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

Enable Notifications    Ok No thanks