Football: Redknapp cleared of charges
Tottenham manager Harry Redknapp was found not guilty of tax evasion.
LONDON:
Tottenham manager Harry Redknapp was found not guilty of tax evasion following a three-week trial into allegations he stashed thousands of dollars in an offshore bank account.
Co-accused Milan Mandaric was also acquitted of charges. Redknapp, 64, and Mandaric, 73, had denied two counts of cheating the public revenue by failing to declare $295,000 stashed in a Monaco bank account.
Prosecutors alleged the money was paid to Redknapp by Mandaric, when the two men were manager and owner of Portsmouth respectively, as part of a bonus arising from the sale of Peter Crouch. However, Redknapp said the money was paid by Mandaric to help with investments in the US.
Published in The Express Tribune, February 9th, 2012.
Tottenham manager Harry Redknapp was found not guilty of tax evasion following a three-week trial into allegations he stashed thousands of dollars in an offshore bank account.
Co-accused Milan Mandaric was also acquitted of charges. Redknapp, 64, and Mandaric, 73, had denied two counts of cheating the public revenue by failing to declare $295,000 stashed in a Monaco bank account.
Prosecutors alleged the money was paid to Redknapp by Mandaric, when the two men were manager and owner of Portsmouth respectively, as part of a bonus arising from the sale of Peter Crouch. However, Redknapp said the money was paid by Mandaric to help with investments in the US.
Published in The Express Tribune, February 9th, 2012.