You are here: Home » News-IANS » Sports
Business Standard

Xabi Alonso facing 5 years in jail for tax fraud

IANS  |  Madrid 

The prosecutor's office on Wednesday said it could jail retired international for five years and fine him 4 million euros ($4.9 million) for alleged tax fraud related to money earned from rights while at football club Real

In addition to the fines, the prosecution also wants Alonso to repay the defrauded amount plus interest, totalling over 2 million euros (nearly $2.5 million), reports

Alonso, 36, is accused of allegedly defrauding the during fiscal years 2010, 2011 and 2012.

The prosecution is seeking to give Alonso two years in prison for the fiscal offence of 2010, one year for 2011 and two more for 2012.

The investigation against Alonso was first opened in 2016 after a complaint from the tax authority but was later shelved, only to be reopened in January by a court in

--IANS

tri/vm

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, March 21 2018. 21:16 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU