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Mexican TV network Televisa denies bribery allegations

AFP  |  Mexico City 

Mexican station hit back at a lawsuit filed in against the world's biggest Spanish-language network alleging it paid "millions of dollars" in bribes to secure hosting rights.

Group told AFP that the "accusations have no legal basis" and "contain important factual errors."

Last year, Mexico's and of were both accused by a witness in another football corruption trial of having paid part of a $15 million bribe to a to secure broadcasting rights to the tournaments in 2026 and 2030.

That accusation led the Colleges of Applied Arts and Technology Pension Plan, which owns shares in Televisa, to file a lawsuit against the Mexican group, initially in March, demanding compensation.

The plaintiff claimed its shares dropped in value as a result of the corruption accusation and cost it "hundreds of millions of dollars."

Televisa was named by a prosecution witness in a court during a wider corruption trial brought by the against dozens of football and sports marketing executives, who allegedly received millions of dollars in bribes and kickbacks.

Among those on trial were former of world football's governing body FIFA, -- currently suspended from all football-related activities over a two million Swiss franc ($2m) payment made to Michel Platini, at the of European football's governing body UEFA, for consultancy work.

In its defense, Televisa told AFP it had carried out a "detailed investigation with independent lawyers" who had found no evidence of "corrupt practices.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, August 10 2018. 09:45 IST