Adidas CEO says company "clean" in soccer boss tax scandal
FRANKFURT May 3 (Reuters) - Internal investigations at Adidas related to a tax scandal involving the chairman of soccer club FC Bayern Munich have shown that the company is "clean", the sportswear group's chief executive said on Friday.
Bayern Munich boss Hoeness has admitted to evading taxes in a scandal that has shaken Germany. He also said he received a personal loan from previous Adidas boss Robert-Louis Dreyfus.
"We have looked deeply into the matter and we have no compliance issues at all," Herbert Hainer told journalists after the company reported first-quarter financial results.
- Exclusive: Radar data suggests missing Malaysia plane deliberately flown way off course - sources
- Investigators focus on foul play behind missing plane-sources |
- CEOs of biggest Russian firms could be hit by sanctions: paper |
- Search for Malaysian plane may extend to Indian Ocean - U.S |
- Kremlin website hit by 'powerful' cyber attack