Brazilian authorities have frozen assets worth almost $50m belonging
to the football star Neymar da Silva Santos Junior over alleged tax
evasion
Neymar's personal yacht, jet, bank accounts, and properties in six Brazilian cities were blocked over charges that he, his family and related businesses owe about $16m in taxes allegedly evaded from 2011 to 2013
Authorities ordered that assets valued at three times the alleged evaded amount be frozen, in accordance with Brazilian law in cases of deliberate evasion
A Sao Paulo federal court rejected an appeal from Neymar, who denies any wrongdoing, last week over the allegations and started issuing warrants to freeze his assets.
Neymar's personal yacht, jet, bank accounts, and properties in six Brazilian cities were blocked over charges that he, his family and related businesses owe about $16m in taxes allegedly evaded from 2011 to 2013
Authorities ordered that assets valued at three times the alleged evaded amount be frozen, in accordance with Brazilian law in cases of deliberate evasion
A Sao Paulo federal court rejected an appeal from Neymar, who denies any wrongdoing, last week over the allegations and started issuing warrants to freeze his assets.
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