Payment agent and license holder Astana Qazaqstan has now become the subject of a judicial investigation in Luxembourg. A civil case is investigating “unidentified individuals” for forging documents, illegal use of corporate assets, money laundering and fraud. Depending on the outcome of the case, the defendants may be imprisoned.
One of the defendants in the case is the head of the team Alexander Vinakurov, but the team declined to comment on the current situation. The case against Abacanto SA was initiated more than a year ago, in January 2021.
Abakanto SA, a publicly traded company in Luxembourg, represents athletes and manages sporting events that can set up branches and subsidiaries abroad, according to the North Data website.
“The Luxembourg prosecutor’s office confirms that the judicial investigation was launched in connection with a complaint with a civil lawsuit on facts that were allegedly committed in the framework of the Luxembourg company Abacanto SA and may constitute an offense,” said a spokesman for the Henri Judicial Administration. Eipers.
“In connection with the ongoing investigation, the prosecutor’s office does not intend to provide more detailed information on the case.”
In addition to the lawsuit, the WorldTour riders were paid only for January in early March, and their February salaries remain unpaid.
Licensee Astana Abacanto SA is under investigation in Luxembourg
Source link Licensee Astana Abacanto SA is under investigation in Luxembourg