Breaking News

Asia Today ISSN 1861-4604 Tuesday, March 28, 2017

Headline

Panama Leaks casualty: FIFA ethics committee member resigns

Juan Pedro Damiani resigned over allegations

Share on Facebook April 7, 2016, Reporter : Big News Network, Reader : 906

news

NYON, Switzerland - The Panama Papers expose, one of the largest data leaks in history has led to another casualty. This time, it was a member of the FIFA ethics committee, Juan Pedro Damiani who resigned over allegations in the Panama Papers.> Big News Network

Juan Pedro Damiani has reportedly resigned over alleged links between him and his compatriot Eugenio Figueredo, who was the former FIFA vice-president.

Reports revealed that Damiani, a Uruguayan lawyer allegedly did work for at least seven companies linked to Figueredo, who was arrested in 2015 on corruption charges by the United States Department of Justice.

The Panama Papers showed that Damiani’s firm helped Figueredo set up a shell company. The documents went on to reveal that Damiani’s firm acted as an intermediary for a Nevada-based company that has links with two other people who have been charged with corruption by the U.S. The people have been identified in news reports as businessmen Hugo Jinkis and his son Mariano of Argentina.

Damiani is said to have resigned after the investigatory chamber launched a probe into the allegations and has denied any wrongdoing in the case.

AFP quoted panel spokesman Marc Tenbuecken as saying, “We can confirm that Mr Damiani resigned from his position as member of the adjudicatory chamber of the independent Ethics Committee of FIFA.”

Soon after the Panama Papers became public, the investigatory chamber of FIFA’s ethics committee released a statement claiming that they were made aware of a business relationship between Damiani and Figueredo on 19 March.

The Panama Papers leak exposed tax havens used by the elite, through the release of over 2.6 terabytes of data with more than 11.5 million documents. Documents contain records of Panama-based law firm Mossack Fonseca’s dealings implicating several global leaders, celebrities, sports icons, business tycoons and their families. The documents reportedly show how Mossack Fonseca has helped clients launder money, dodge sanctions and evade tax.

Initially obtained by German newspaper Suddeutsche Zeitung, the Panama Papers were investigated for over a year by the International Consortium of Investigative Journalists (ICIJ) and involved more than 100 publications from nearly 80 countries.

The Panama Papers website by ICIJ has described the leaks as an “unprecedented investigation that reveals the offshore links of some of the globe’s most prominent figures.”

Meanwhile, the website also said that the records do not show illegal conduct by Damiani or his law firm.

More Euro Asia news of the month

Photos Merkel, Trump differ on NATO, immigration but Trump thinks he has found common ground

WASHINGTON, U.S. - In a press conference full of retorts, German Chancellor Angela Merkel, clashed with U.S. President Donald Trump when...

Photos Monster storm places 18 million people under blizzard warning: Five cities declare state of emergency

NEW YORK, U.S. - A Northeast snowstorm has reportedly placed about 18 million people under a blizzard warning - leading to normal life...

Photos Trump, Merkel To Discuss NATO Ukraine Putin During Washington Meeting

U.S. President Donald Trump and German Chancellor Angela Merkel will meet in Washington on March 14, with the future of NATO and the...

Photos Fortune’s list of 100 best companies to work for ranks Google on top

NEW YORK, U.S. - For the sixth year in a row and eight time in 11 years, Google topped the list featuring the 100 best companies to work...

Photos ’My Fair Lady’ revival to bow on Broadway after 25-year absence

PanARMENIAN.Net - A My Fair Lady revival on Broadway - oh, wouldn't it be loverly> BNN It's been a quarter-century since...

Photos UN Aid Chief: 20 Million People in 4 Countries Face Starvation, Famine

UNITED NATIONS: The United Nations says it needs $4.4 billion by July to prevent famine in Yemen, South Sudan, Somalia and northeastern...

Photos U.S. intelligence officials in a tizzy: Wikileaks latest bombshell disclosure leaves Americans shocked

WASHINGTON, U.S. - Online whistleblower WikiLeaks' release of thousands of documents on Tuesday, which claim to expose the tools the...

Photos Master of diversions continues his attack on Obama, manages to draw eyeballs away from controversies

WASHINGTON, U.S. - By now, one would assume that a Trump pivot would be glaringly obvious. But the media in America were in for another...

Photos Playing the blame game: Trump now accuses Obama of ‘wire tapping’ phones in Trump Tower

FLORIDA, U.S. - Over the last few days, U.S President Donald Trump and his administration, that has been gripped with controversy over...

Flying Reimagined

Stock Index

Tuesday, March 28, 2017

Life Style

Photo Gallery

FEUILLETON