You are here: Home » International » News » Others
Business Standard

Court blocks Neymar from using $50 mn in assets

Reuters  |  SAO PAULO 

A federal court in Sao Paulo has blocked Barcelona striker Neymar from using almost $50 million worth of assets - including a yacht, a jet and properties, officials told Reuters on Tuesday. The move was taken as the 24-year-old Brazilian is accused of tax evasion between 2011 and 2013. The court froze 188.8 million reais ($46.7 million) in assets last September but Neymar had been free to use those assets until now. Officials also corrected the amount to 192 million reais ($47.5 million). "Official documents were sent to several entities such as port authorities, offices that register ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Thu, February 18 2016. 00:12 IST