A witness for USA prosecutors in the corruption trial of three former soccer officials testified on Tuesday that media companies including Fox Sports and Grupo Televisa paid bribes to secure media rights for soccer matches.
Prosecutors homed in on the activities of T&T, a sports marketing company that has, since 2002, been jointly owned by Torneos y Competencias and Fox Pan American Sports and held the rights to the tournament.
Burzaco has already pleaded guilty to racketeering, wire fraud and money laundering conspiracies after he was indicted in 2015, and has since been assisting United States authorities.
Televisa spokesman Olmos Cruz Alejandro said the company could not comment without knowing more about the trial testimony.
Prosecutors also showed jurors a contract dated 2008 between T&T and a Turks and Caicos-based entity called Somerton Corp, providing for a $3.7 million payment to Somerton.
Alejandro Burzaco is the witness who said the media companies-which also included Grupo Televisa SAB, Media Pro, Globo, Full Play Argentina and Traffic Group-had bribed Federation Internationale de Football Association for the soccer rights. Burzaco said that Fox, by paying the bribes, "gained leverage and rights to broadcast its signal to Argentina" and other parts of the world, per the AP.
"It's not a real contract, sir", Burzaco conceded as he told the court all the money had gone to pay off the officials.
Shares of Twenty First Century Fox were down 2.3 percent at $27.88 in afternoon NYSE trading.
Jose Maria Marin, 85, the former head of Brazil's federation and once on FIFA's organizing committee for the Olympics; Juan Angel Napout, 59, a Paraguayan and former FIFA official who was president of South American soccer's governing body; and Manuel Burga, 60, a Peruvian soccer official and former member of FIFA's development committee, are on trial, accused of taking bribes and kickbacks.
Prosecutors have said that the three men and other soccer officials took bribes from sports marketing companies in exchange for lucrative marketing and media rights to soccer tournaments. He is one of 23 people to have pleaded guilty already.
The stock decreased 1.25% or $0.92 during the last trading session, reaching $72.85. (NASDAQ: GILD ) or 60,894 shares. American Bankshares has invested 0.46% in Gilead Sciences, Inc . (NASDAQ: GILD ) shares were sold by Alton Gregg H .
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Calamos Advisors Llc increased Varian Medical Systems Inc (NYSE:VAR) stake by 7,297 shares to 37,295 valued at $3.85M in 2017Q2. The stock of Ally Financial Inc (NYSE:ALLY) earned "Overweight" rating by Barclays Capital on Thursday, October 26.
It further says that Uber targets intoxicated passengers as a safe ride for riders who have been drinking. District Court in Northern California, Jane Doe 1 and Jane Doe 2 describe being raped by Uber drivers.
The app would advise that the wearer should get tested and it would not propose that the person has one of those conditions. It comes with a Global Positioning System , cellular connectivity, and heart rate sensor, among others.
Tesla is also reportedly facing lawsuits alleging discrimination against gay and older employees, but it has denied those claims. NEW YORK - DEC 14, 2016: Tesla CEO Elon Musk is seen in the lobby of Trump Tower on December 14, 2016, in New York.
And the plan was, before this opportunity came up, was to put out some music, which I still plan to do soon. She had previously appeared as a guest co-host on " The Talk " during the week of October 30.
And while the makers are doing everything in their power to get the film released on November 17, Twitter is enraged! Images has reached out to Shoaib Mansoor regarding the ban and is awaiting a response .
And there was a time, a lot later in life than I should probably admit, that I would make Stove Top just because. Stove Top says it wants more people to "enjoy more of Thanksgiving in comfort and style".
Is gun-maker liable?
The families' lawyers argue that this case falls under an exception in that law. They argue that ads targeted a "younger demographic". A lower court threw out their case a year ago .
Kulicke & Soffa Industries Inc. Q4 Earnings Advance 254%
It has outperformed by 73.08% the S&P500. 980,700 shares of the stock were exchanged, compared to its average volume of 519,440. Parkside Fin Bank & Trust & Tru, a Missouri-based fund reported 957 shares. 27,741 were accumulated by Cibc World Markets Inc.
Ben Affleck Won't Be Celebrating Thanksgiving Alone
But we shouldn't worry too much if he ends up leaving the franchise, because the actor may have found the ideal superhero part. What did you think about The Terrific Ten trailer? Let us know your thoughts down below!
Congresswoman warns of sexual harassment on Capitol Hill
Gregg Harper (R-MS) noted that "sexual harassment is a serious problem in our society and Congress is not immune from this issue". House Minority Leader Nancy Pelosi has also said that Capitol Hill workplace sexual harassment policies "need to be changed".
Qualcomm has rejected Broadcom's $100B+ buyout bid
A statement release by Qualcomm said that the board had " unanimously rejected the unsolicited proposal announced by Broadcom". Chief executive Steve Mollenkopf added that Qualcomm's achievements to date have offered significant value to stockholders.
Trade deficit widens to 3-year high
In October, petroleum, engineering and chemicals exports grew by 14.74 per cent, 11.77 per cent and 22.29 per cent, respectively. Export of ready-made garments (39.2%), gems and jewellery (24.5%), and drugs and pharmaceuticals (8.8%) declined, Mint reported.
GameStop Pauses Unlimited Used Games Program
Assuming PowerPass is relaunched in a functional manner sometime in 2018, this is still not the outcome GameStop wanted right now. A couple of weeks ago, game retailer GameStop soft-launched its new subscription-based game lending program , PowerPass.