Updated March 4th, 2020 at 19:27 IST

Portugal raids soccer clubs, agents in tax investigation

Portuguese authorities conducted extensive raids Wednesday as part of an investigation into suspected tax evasion in soccer transfers.

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Portuguese authorities conducted extensive raids Wednesday as part of an investigation into suspected tax evasion in soccer transfers. The attorney general’s office said in a statement that 76 searches were being carried out.

The targets were the premises of soccer clubs, agents and lawyers. More than 180 police officers, 101 tax inspectors and 16 magistrates took part in the operation.

The investigation covers transfers and other deals since 2015, the statement said. Authorities are looking into whether tax evasion and money laundering occurred.

The statement provided no further details, citing Portugal's judicial secrecy law which prohibits the publication of information about ongoing investigations.

(Picture Credit: pixabay)

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Published March 4th, 2020 at 19:27 IST