Brazil+Court+Freezes+Footballer+Neymar%27s+Assets
Wednesday, 17 February 2016 - 10:34
Brazil Court Freezes Footballer Neymar's Assets
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A court in Brazil has frozen assets of football star Neymar.

The federal court in Sao Paulo announced it was issuing warrants to freeze almost $50m (£34.5m) worth of assets belonging to the Brazil and Barcelona striker.

They include a yacht, a jet and several properties.

Neymar, 23, is accused of tax evasion between 2011 and 2013 and faces legal proceedings. He has denied any wrongdoing.

Among the assets frozen are also three companies belonging to his family.

Prosecutors accuse Neymar of setting up companies as fronts in order to pay a lower rate of tax.

They demand he pay 63.6 million reias ($16m; £11m) in allegedly undeclared taxes.

The court ordered his assets be frozen to ensure the payment plus any possible fines, it said.

Neymar and his father were questioned this month in a court in the Spanish capital, Madrid, over separate allegations of corruption and fraud surrounding his transfer to FC Barcelona.

Neymar also denied any wrongdoing in that case.

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