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Argentina’s football association investigated for money laundering

Argentinian authorities will send investigators inside the headquarters of the Argentine Football Association (AFA) to find evidence of money laundering in the case of public funds possibly being used for broadcast rights during the World Cup. The rights were taken over by the government in 2009 from a local cable company, subsidizing national and international game broadcasts. But the $176 million price tag was a questionable one, according to lawmaker Graciela Ocana, who also accused the AFA of leaning toward government-linked companies and failure to explain where some of the funds went. The four-year-long investigation will now gain access to board meetings and any other AFA materials it requests as it investigates possible money laundering. “We want to know how these funds are used,” the opposition lawmaker told the channel TN. “It’s great football can be viewed for free. But we also have to realize it’s not free, we pay for it in taxes, yet it has been a phenomenal propaganda coup for the government,” she added.

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