World / Soccer

Infantino named in Panama Papers

By Associated Press In Geneva (China Daily) Updated: 2016-04-07 08:47

New FIFA boss 'dismayed' over being linked to leaked documents

New FIFA president Gianni Infantino has defended his reputation after reports that he signed a Champions League broadcasting contract in 2006 with an offshore registered marketing agency implicated in the bribery scandal that rocked world soccer's governing body last year.

Infantino named in Panama Papers

FIFA President Gianni Infantino gestures during a news conference at the South American Football Confderation (CONMEBOL) headquarters in Luque, Paraguay in this March 28, 2016 file picture. Swiss police raided the headquarters of the European soccer body UEFA in Nyon on april 6, 2016 to gather information about a contract reportedly signed by former UEFA official Gianni Infantino, now head of the global soccer body FIFA. [Photo/Agencies] 

The contract, which Infantino co-signed as UEFA's then legal director, was leaked from the database of a Panama-based law firm, Mossack Fonseca, the British daily The Guardian and the BBC reported on Tuesday.

"I am dismayed and will not accept that my integrity is being doubted by certain areas of the media," Infantino said in a statement published by FIFA, which he was elected to lead six weeks ago.

The UEFA contract reportedly co-signed by Infantino sealed a three-year deal for TV rights in Ecuador for the Champions League to Cross Trading.

That company is a subsidiary of a group owned by Argentine marketing executives Hugo and Mariano Jinkis, who were indicted last year by American federal prosecutors investigating a bribery and money laundering conspiracy in international soccer.

Infantino said on Tuesday he "never personally dealt with Cross Trading nor their owners'" in a tender process conducted by an agency retained by UEFA.

"Moreover, as the media has reported, there is no indication whatsoever for any wrongdoings from neither UEFA nor myself in this matter," Infantino said.

According to the British reports, Cross Trading paid $111,000 for the rights and sold them for a $200,000 profit to the Teleamazonas channel.

There was no suggestion bribes or kickbacks were paid at any stage of the deals.

"The rights were awarded to Teleamazonas/Cross Trading because they made the highest offer on the market," UEFA said in a separate statement.

However, UEFA did acknowledge giving inaccurate information last year when stating it had no commercial dealings with people and companies indicted in the federal case in the US.

"At the time of our initial response we had not had the opportunity to check each and every one of our (thousands) of commercial contracts and so the answer given was initially incomplete," UEFA said.

Infantino and UEFA separately said they have not been contacted by law enforcement authorities about their past dealings with the Jinkis family's agency. The father and son are fighting extradition from Argentina to the US.

"Of course, if UEFA is contacted for any reason then it will be more than happy to cooperate," European soccer's governing body said.

 

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