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Wealthy Russian chairman AS Monaco arrested for corruption

It goes badly with AS Monaco. Last in Ligue 1, as well as turned off in the Champions League and now also arrested the chairman. Dmitry Rybolovlev was Tuesday, namely in the bonds hammered in the context of an investigation into corruption.

Tuesday morning there is a search warrant executed at Rybolovlev. The Russian businessman is also detained, reports the French newspaper Le Monde. It is located in the middle of an investigation into corruption and active and passive bribery.

Le Monde has thousands of sms-messages sent to the Monegasque police, which must prove that there is a secret network of contacts in the local police and judiciary. All officers who act in favor of Rybolovlev. In that case, called Monacogate, had the Monegasque minister of justice Philippe Narmino all resign. He was also arrested. Narmino received gifts of Rybolovlev, went to dine at his expense and spent a weekend in Gstaad, at the private residence of the Rus.

In exchange, the Russian billionaire via intermediary Tetiana Bersheda, a lawyer, the judicial process in its favor, may have influenced, inter alia, in a conflict with the Swiss businessman Yves Bouvier.

That was a long time the confidant who helped him to his art collection to build. To Rybolovlev, ex-owners came to know for how much they their work had sold. As he came to know that Bouvier’s prices are systematically distorted, and a much larger profit margin then took the agreed-upon two percent.

Of Monaco to the Club

Rybolovlev has been controversial. He became rich thanks to investments in the Russia of the nineties, more in kunstmestbedrijven. His fortune is estimated at about six billion euros. The cardiologist of training was also suspected of attempted murder, and acquitted.

After he had been bought from AS Monaco, struggled to the club with a problem that a lot of ‘new rich’ in the football know: the tension between the seemingly endless funds of the wealthy owners and the Financial Fairplay rules of the Uefa. That should avoid that a rich ‘sugar daddy’s’ a lot of money to their club and let it flow, by which the gap between the rich clubs and the smaller, only bigger.

The Standard reported in the framework of the research file ‘Football Leaks’ how the Rus via Pierre François, ceo of the Belgian Pro League, Cercle Brugge ended up.

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