23rd October 2019
Switzerland has pressed charges against a person in a corruption probe of Brazilian state oil company Petrobras (PETR4.SA) and construction firm Odebrecht, the attorney general’s office said, adding it was seeking to conclude the case quickly. Prosecutors in Bern on Tuesday said they suspect the person, acting as… Read More
22nd October 2019
Ana Guerreiro points across the street at a handful of housing projects in Lisbon’s up-and-coming riverside neighbourhood of Marvila. It’s where she moved in with her mother last year after soaring rents meant she could no longer afford to live alone. “Prices have gone through the roof here,” said Guerreiro, 33, stepping outside the cafe… Read More
17th September 2019
The former president of a unit of Petroleos de Venezuela SA and two European wealth managers were charged with money laundering as a U.S. probe into a $1 billion bribery scheme expands. The three charged are Javier Alvarado Ochoa, a Venezuelan citizen and former president of PDVSA purchasing unit… Read More
13th August 2019
Inquiries from Hongkongers about property in Portugal, the homeland of football superstar Cristiano Ronaldo, have seen an upswing in recent months as wealthy residents and investors clamour for an alternative residency amid escalating political tensions in the city, analysts said. Since its unveiling in 2012, Lisbon’s golden visa scheme has… Read More
7th February 2019
Former Real Madrid manager Jose Mourinho has accepted a one-year prison sentence for defrauding the Spanish state of 3.3 million euros (2.8 million pounds), a Spanish court filing showed on Tuesday, although the Portuguese will not serve any jail time. The filing said the tax ministry and Mourinho’s defence team… Read More
23rd January 2019
Cristiano Ronaldo has reportedly accepted a €18.8m fine and 23-month jail term over tax evasion charges in Spain. The award-winning football player is alleged to have avoided paying tax between 2010 and 2014, in a case centred around image rights deals. Ronaldo is reported to have acknowledged incidents amounting to… Read More
21st January 2019
A Portuguese man arrested in Hungary on suspicion of extortion and secrecy violations hacked football bodies’ documents – which later appeared on the Football Leaks website – because he was “outraged” by criminality in the sport, his lawyers said. The man, named by his lawyers as 30-year-old Rui Pinto, was… Read More
26th November 2018
Portugal promised on Friday to help the government of Angola repatriate funds obtained through corruption and deposited in the Iberian country, as Luanda steps up its drive to clamp down on alleged fraud by the previous administration. Many rich Angolans live or own property in Portugal, its former colonial master,… Read More
30th July 2018
Cristiano Ronaldo will be fined 3.2 million euros ($3.7 million)and sentenced to 24 months in prison, a sentence he is unlikely to serve, after settling a tax evasion case with Spanish tax authorities, the prosecutor said on Friday. The 33-year-old is accused of evading 5.7 million euros in taxes. He… Read More
29th June 2018
A criminal network that set up a scheme to dodge paying tax in European countries and send the cash back to China instead has been dismantled by authorities, according to Europol. The Chinese gang is understood to have fraudulently imported goods to the EU from China and made EUR 40… Read More