Pep Guardiola hid € 500,000 in an undeclared account in Andorra

Former Barça coach Pep Guardiola, the current Manchester City coach, kept an undeclared account in Andorra with 500,000 euros between 2007 and 2010. Guardiola did not inform the Treasury of these funds abroad until 2012 , when he took advantage of the fiscal amnesty approved by the PP government. This revelation is part of the so-called roles of Pandora, an international investigation by the International Consortium of Investigative Journalists, which revealed El País and La Sexta yesterday.

This research has exposed the opaque businesses of 601 Spaniards, as well as 35 heads and ex-heads of state and more than 330 senior officials and politicians in 91 countries. This list includes, among others, former British Prime Minister Tony Blair; former IMF Managing Director Dominique Strauss-Kahn; King Abdullah II of Jordan; the closest environment of Vladimir Putin; the Chilean president Sebastián Piñera; the Minister of Economy of Brazil, Paulo Guedes; and singers Julio Iglesias and Shakira.

When he took advantage of the tax amnesty, Guardiola regularized almost half a million euros by paying 10% on the interest that his funds had generated in the previous four years, which were not prescribed. Speaking to El País, the coach’s tax adviser, Lluis Orobitg, explained that Guardiola only used the deposit at the Banca Privada de Andorra bank to deposit his salary as an Al Ahli player.

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