Hansi Flick as the Barcelona president after Xavi’s exit. Image: Visca el Barca
(The Post News)- Barcelona’s president, Joan Laporta, is facing some serious allegations. A Spanish newspaper claims he embezzled money from an investor and sent it to China, sparking unrest in Barcelona. Laporta has been accused of aggravated fraud by the 21st Court of Instruction of Barcelona, specifically for taking 50,000 euros intended for an investor and sending it to China in exchange for a 6% annual profit.
El Confidential reported on the day of the Extraordinary General Assembly that Joan Laporta was accused with aggravated fraud by the 21st Court of Instruction of Barcelona. He is accused of taking money intended for an investor and sending it to China.
The president’s testimony is scheduled for January 16 at 11:00 CET. The accusation submitted by ATO, who transferred 50,000 euros in a structure overseen by Barcelona’s chairman in exchange for an alleged 6% annual profit, is what precipitated this crisis.
There will be other people in the courtroom besides Joan Laporta. Joan Oliver, Laporta’s close friend, and Sandra Sole, the purported middleman who helped take the funds, have also been called.
The legal representative of CSSB Limited, a Hong Kong-based firm that was involved in the purported scam, was the fourth party involved. The Penal Code punishes aggravated fraud with terms ranging from four to eight years in jail as well as a monetary fine.
The funds that arrived in Barcelona in October 2016 were a consequence of multiple investments that were combined to form the Beijing Institute of Technology.
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