Three partial guilty verdicts in the ISMM trial
On Wednesday, the Zug Criminal Court sentenced three defendants to fines on ancillary points in the trial against managers of the former sports rights marketer ISMM/ISL. In two cases, the court accepted the accusation of multiple counts of obtaining a false certificate.
On Wednesday, the criminal court in Zug sentenced three defendants to fines on ancillary points in the trial against managers of the former sports rights marketer ISMM/ISL. In two cases, the court accepted the accusation of multiple counts of obtaining a false certificate, as reported by SDA. A third defendant was convicted of embezzlement. The three other defendants were acquitted in full. Two of the sentences were 60 daily rates of 200 and 500 francs respectively. The third defendant was sentenced to 240 daily rates of CHF 350 each.
The international football association Fifa had started the case. In the spring of 2001, he filed charges against two ISMM managers. He accused them of fraudulently withholding claims amounting to CHF 70 million from him. The Zug prosecution authorities extended the investigation to four other ISMM managers. The investigation also covered fraudulent bankruptcy and damage to creditors. FIFA withdrew its charges in 2004 without justification. As a former private plaintiff, the association has now been ordered by the court to pay investigation costs of CHF 118,000.
Founded in 1982, ISMM was the world's largest media and marketing company in the field of sport. Among other things, it marketed the TV broadcasting rights for the 2008 and 2006 FIFA World Cups. In spring 2001, the company ran into financial difficulties and had to file for bankruptcy.
The international football association Fifa had started the case. In the spring of 2001, he filed charges against two ISMM managers. He accused them of fraudulently withholding claims amounting to CHF 70 million from him. The Zug prosecution authorities extended the investigation to four other ISMM managers. The investigation also covered fraudulent bankruptcy and damage to creditors. FIFA withdrew its charges in 2004 without justification. As a former private plaintiff, the association has now been ordered by the court to pay investigation costs of CHF 118,000.
Founded in 1982, ISMM was the world's largest media and marketing company in the field of sport. Among other things, it marketed the TV broadcasting rights for the 2008 and 2006 FIFA World Cups. In spring 2001, the company ran into financial difficulties and had to file for bankruptcy.
