Economy minister discusses economic cooperation with German minister    Saudi Crown Prince congratulates new Japanese PM Sanae Takaichi    At UNCTAD, Saudi Arabia affirms commitment to sustainable economic transformation    Saudi justice minister, Italian counterpart agree to enhance judicial cooperation    TGA: Autonomous vehicle service beneficiaries surpass 950 in Riyadh    103 million orders delivered in Saudi Arabia in 3Q 2025    Yapı Merkezi reaffirms its commitment to Saudi Arabia with the opening of its regional headquarters in Riyadh A new step in Turkish Saudi cooperation    OMODA 4 Media Preview: Shaping the future of mobility with media and users    Belgian resistance holds up €140 billion loan for Ukraine at EU summit    Trump says he's ending trade negotiations with Canada    EU, US impose new sanctions on Russia to force ceasefire in Ukraine    Egypt joins EU funding program Horizon Europe    Riyadh Season 2025 draws 1 million visitors in 13 days    Athar Festival 2025 opens in Riyadh with record attendance, new creative streams, and Saudi-first innovations    Qatar clinch 2026 World Cup berth with 2-1 win over UAE in Doha    'India's Picasso' is breaking auction records — enraging the Hindu right    D'Angelo, Grammy Awardwinning R&B singer, dead at 51    Splash unveils new winter collection featuring Maya Diab    India players refused handshakes, says Pakistan coach    Adolescence star Owen Cooper makes Emmys history at 15    The key to happiness    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Police raid German soccer HQ over FIFA payment
Published in The Saudi Gazette on 04 - 11 - 2015

Police raided the Frankfurt headquarters of Germany's football association (DFB) Tuesday and searched the homes of officials to investigate claims of tax evasion linked to the awarding of the 2006 World Cup, prosecutors said.
The raids, which deployed more than 50 officials, focused on 6.7 million euros ($7.4 million) the DFB transferred to world soccer's governing body FIFA in 2005. Prosecutors said they suspected senior officials at the association of failing to register the payment properly in tax returns.
According to a mid-October report in magazine Der Spiegel, the money was used to buy votes for Germany's successful World Cup bid.
The DFB has strongly denied the claims it bought the 2006 tournament. Repeatedly contacted by Reuters, it declined to comment on Tuesday's raid.
DFB President Wolfgang Niersbach, his predecessor Theo Zwanziger and the association's former general secretary Horst Schmidt are suspected of tax evasion over the payment, prosecutors said in a statement.
The report in Der Spiegel alleged that deceased Adidas CEO Robert Louis-Dreyfus loaned the money to the German bid committee to buy votes at the FIFA election, which took place in 2000. Germany won by a single vote from South Africa.
The DFB returned the same sum to Louis-Dreyfus via FIFA in 2005, the magazine said. Adidas, a major sponsor of the DFB, declined to comment on the raids.
Niersbach told a news conference last month he did not know why the payment to FIFA — already being investigated in-house by both the DFB and the world soccer body — was made.
The Frankfurt prosecutor said Niersbach and his two DFB colleagues were suspected of tax evasion as the 2005 payment was registered in returns as an operational expense, meaning the trio avoided a number of different taxes that should have been paid on it.
The tax raid triggered reactions from politicians and members of the parliamentary committee on sport, which invited Niersbach to a hearing Wednesday that he refused to attend.
"A classic case of an own goal," MP and committee member Oezcan Mutlu wrote on Twitter. "This happens when there is no transparency and clarification." — Reuters


Clic here to read the story from its source.