tax evasion

Jailed Football Leaks whistleblower bites back at Portuguese prosecutors

International

Rui Pinto, the Portuguese whistleblower behind the Football Leaks revelations of widespread criminality in the world of professional football, ranging from fraud and tax evasion to match-fixing and political corruption, has been held for more than six months in preventive detention in conditions of solitary confinement in a Lisbon jail. Accused of illegal hacking of documents and attempted extorsion, the 30-year-old faces trial for 147 alleged offences relating to his disclosures of illegal practices in the football business in Portugal. But in a defiant statement, Pinto has slammed the Portuguese prosecution services for ignoring the evidence of corruption he gave them, of protecting those behind it, and of transforming him into “a sort of political prisoner”.

Revealed: Lionel Messi and his father in new alleged tax scam

International — Investigation

Documents obtained from the whistleblowing platform Football Leaks reveal a financial structure that Spanish tax authorities suspect was used to hide part of the remunerations paid to FC Barcelona star player Lionel Messi, already convicted of tax fraud in 2016 along with his father Jorge Messi. The documents detail how the latter received 6.7 million euros from the Catalan club via a Luxembourg bank account belonging to a shell company registered in London.

Controversial French rightwinger Balkany jailed for tax evasion

France — Link

Patrick Balkany, a veteran figure of the French conservative movement, mayor of Paris suburb Levallois-Perret, whose more than 40-year political career has been largely tainted by corruption and political scandal, was on Friday jailed after magistrates convicted him of a multi-million-euro tax evasion scam.

Top Swiss court allows French tax authorities access to UBS accounts

International

In a landmark decision for the Swiss banking sector, Switzerland’s highest court on Friday ruled in favour of a request from the French tax authorities to gain access to the personal records of around 40,000 accounts held with Swiss bank UBS by French residents, and which are estimated to total assets of up to 11 billion euros.

Paris prosecutors call for seven-year jail term for Sarkozy ally Patrick Balkany

France

Public prosecutors have ended their summing up in the trial on corruption, tax evasion and money laundering charges of Patrick Balkany, a veteran figure of the French conservative movement, mayor of Paris suburb Levallois-Perret, whose more than 40-year political career has been largely tainted by scandal. Unlike the leniency often displayed in political corruption cases in France, the prosecutors called for the 70-year-old to be sentenced to seven years in jail and barred from holding public office for ten years, prompting outrage from Balkany and his lawyer. Mediapart’s legal affairs correspondent Michel Deléan reports on the hearing at the central Paris law courts.

How Geneva's private banks discourage staff from living in France

International — Link

While wealth-managing firms in the Swiss city close to the French border say that it is to support the local economy that they encourage employees to live locally instead of in cheaper France, banking secrecy concerns are also behind the policy.

Paris court judgment says UBS ignored staff warnings on tax dodging

France — Link

The written judgment of the Paris court which on Thursday ruled that swiss bank UBS must pay a penalty of 4.5 billion euros for its practices of seeking out wealthy clients in France and helping them evade taxes through money laundering says that the bank refused to heed warnings by its staff over the illegal system. 

Paris court orders UBS bank to pay 4.5bn euros in tax fraud case

International — Link

A Paris court has ordered Swiss bank UBS to pay a record fine of 3.7 billion euros and another 800 million euros in compensation to the French government after it was found guilty of laundering money for its wealthy clients in France in order for them to evade due tax payments.

How Ronaldo escaped lightly with tax fraud sentence

International — Investigation

Portuguese football star Cristiano Ronaldo was on Tuesday ordered to pay an 18.8 million-euro fine by a Madrid court and was handed a 23-month suspended jail sentence after admitting tax fraud amounting to almost 15 million euros between 2011 and 2014. The case followed the Football Leaks revelations published in December 2016 by Mediapart and its partners in the European Investigative Collaborations (EIC) media consortium. But the former Real Madrid striker, whose wealth is estimated at more than 200 million euros, in fact escaped a far heavier sentence with the falsification of a document concerning his offshore payments on image rights, which Mediapart reveals here.  

How French luxury goods group Kering dodged 2.5bn euros in tax

International — Investigation

Since 2002, French luxury goods and clothing group Kering, whose brands include Gucci, Yves Saint Laurent, Bottega Veneta, Stella McCartney and Balenciaga, has avoided paying a total of about 2.5 billion euros in tax payments on earnings, mostly to the detriment of the Italian public purse but also that in France and in Britain, according to confidential documents obtained by Mediapart and analysed together with its media partners in the European Investigative Collaborations (EIC) journalistic consortium. Yann Philippin (Mediapart), Vittorio Malagutti (L'Espresso) et Esther Rosenberg (NRC Handelsblad) report.

Paris court rules against Apple in case against 'tax evasion' protestors acting in 'general interest'

International

At the end of a legal case brought by tech giant Apple against alter-globalisation organisation ATTAC, in which the tech giant sought a three-year ban on activists demonstrating in and outside its stores in France to highlight the firm’s tax-avoidance schemes, a Paris court has ruled in favour of ATTAC, describing its campaign as being in the “general interest”. Martine Orange reports.

Tax-evading former French budget minister's appeal trial wraps up

France — Report

At the end of two weeks of hearings, a Paris court on Thursday deferred until May its verdict on the appeal by disgraced former French budget minister Jérôme Cahuzac against a three-year prison sentence handed to him in 2016 for tax fraud and money laundering. Cahuzac, 65, who Mediapart revealed in 2012 held a secret tax-haven bank account while leading a crackdown on tax fraud, did not contest his conviction, but sought a reduced sentence which would allow him to escape prison. While his lawyers argued that Cahuzac was a “broken” and “finished” man who risked taking his own life if sent behind bars, the prosecution has reiterated its demand for a three-year sentence. Mediapart legal affairs correspondent Michel Deléan was in court to follow the proceedings.   

Apple turns red over tax protests at its French stores

International — Report

In an extraordinary move, American tech giant Apple this week applied before a Paris court for a three-year ban to be imposed on alter-globalisation group ATTAC from continuing with its recent demonstrations at the company’s stores in France in a campaign to denounce its tax-dodging practices. Mediapart economics and business correspondent Martine Orange was in court to follow the hearing which, she reports here, has above all served to further tarnish the iPhone maker's image.

Kremlin says will 'do everything' to help oligarch arrested in Nice

International — Link

A Kremlin spokesman said Russia would 'do everything in our power' to protect the lawful interests of billionaire Suleiman Kerimov, a Member of Parliament in Russia and head of the country's biggest gold producer, Polyus, who has been detained in France on suspicion of tax evasion.

French industrialist Dassault fined 2m euros for tax evasion

France — Link

The 91-year-old billionaire and right-wing senator was also banned from public office for five years but was not sent to jail because of his age.