Swiss police raid UEFA amid Panama Papers scandalApril 7, 2016 - 10:21 AMT PanARMENIAN.Net - Swiss police raided the European soccer body UEFA on Wednesday, April 6 to seize information about a contract disclosed in the Panama Papers that was signed by Gianni Infantino, now head of the global soccer body FIFA, Reuters reports. The impact of the leaked documents from a Panamanian law firm is snowballing, with Iceland facing a political crisis after its prime minister stepped aside on Tuesday following revelations about his wife's finances. Recently elected Infantino joined a growing list of public figures and political leaders whose financial arrangements have come under scrutiny after the release of the 11.5 million documents, which have caused public outrage over how the rich and powerful can hide money to avoid taxes. Infantino said he was "dismayed that his integrity was being doubted" by media reports which said the contract he signed several years ago as a UEFA official sold broadcast rights at a low price to a company which sold them on at a far higher price. Reuters, which has not seen the documents, was unable to confirm this and UEFA denied that the rights were sold at below the market price. "UEFA can confirm that today we received a visit from the office of the Swiss Federal Police acting under a warrant and requesting sight of the contracts between UEFA and Cross Trading/Teleamazonas," UEFA said in a statement. Infantino said in a FIFA statement the contract had been "properly conducted" by UEFA. British Prime Minister David Cameron also faced another day of questions about his finances, because his late father was among the tens of thousands of people named in the documents from law firm Mossack Fonseca, which has denied any wrongdoing. Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads. Partner news | Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |