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22 January, 2019 06:23:34 PM

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Ronaldo avoids jail, gets hefty fine for tax fraud

Independent Online Desk/AFP
Ronaldo avoids jail, gets hefty fine for tax fraud
Cristiano Ronaldo appeared to be in good spirits as he left the court

Cristiano Ronaldo avoided jail on Tuesday but was ordered to pay 3.57 million euros ($4.1 million) for committing tax fraud when he was at Real Madrid, a Madrid court ruled.

The court sentenced Ronaldo to a two-year jail sentence that it immediately reduced to a fine of 365,000 euros, which adds on to another penalty of 3.2 million euros, the sentence read.

A court spokesman said it was not immediately clear if this fine would be added onto the 18.8 million euros that Ronaldo had agreed to pay Spain’s taxman under a deal reached in June last year.

HM

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Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
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Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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