Source: Daily_Mail
Ex-Portsmouth chairman Mandaric charged with cheating public revenue
Leicester chairman Milan Mandaric has been charged with two counts of cheating the public revenue.[LNB]The charges stem from his time as chairman of Portsmouth. Mandaric has been charged in relation to the payment of 295,000 US dollars (£182,500) to another person via a bank account in Monaco and evading the tax and national insurance contributions due between April 1, 2002 and November 28, 2007, the Crown Prosecution Service said.[LNB]He will appear at the City of Westminster Magistrates' Court on February 11.[LNB]Charged: Milan Mandaric[LNB][LNB]In a statement, the CPS said: "Milan Mandaric, the former chairmanof Portsmouth Football Club, has today been charged with two counts ofcheating the public revenue following a decision by the CPS Revenue andCustoms Division.[LNB]'Following a thorough investigation by HM Revenue and Customs andthe City of London Police, the CPS decided there was sufficientevidence and it was in the public interest to charge Mr Mandaric withtwo counts of cheating the public revenue.[LNB]'The charges are in relation to the payment of 295,000 dollars fromMr Mandaric to another via a bank account in Monaco, evading the taxand national insurance contributions due between April 1 2002 andNovember 28 2007.[LNB]'Mr Mandaric will appear at the City of Westminster Magistrates' Court on February 11.'[LNB]After hearing before Christmas that he was set to be charged, Mandaric said he was 'astounded and dismayed' and strenuously denied the allegations against him.[LNB] Leicester City chairman Milan Mandaric set to face tax evasion charges'Farcical' tax inquiry into Harry Redknapp will not impact his job at TottenhamPompey chief Storrie vows to clear his name after tax charge[LNB]
