He Valencia CF emphasizes that his accounts economic are audited by a large consultancy firm, such as Ernst & Young, and by LaLiga, after learning that the Anticorruption Prosecutor’s Office investigates Valencia’s largest shareholder, Peter Limfor fdocumentary allegation and money laundering, as announced by the former vice president of the club and complainant, Miguel Zorío, this Friday.
The investigation is still in phase embryonic and information is being collected regarding the accusations and the documentation presented by Zorioto see if they proceed to file it or continue with a more in-depth investigation, although club sources insist that it takes little time to “appreciate reality”, especially due to the credibility of the firm EY, one of the ‘ Big Four’ of the audit, and the League itself.
Zorío, in his writing, report a billing from Meriton to Valencia for more than 23 million euros between 2022 and 2023 “for services and figures that are not included in the accounts” and emphasizes that these amounts would have allegedly served for Meriton to recover the loan capitalized in 2022 of 17,600,000 euros and to pay President Layhoon Chan’s salaries in Asia.
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The complaint also includes the commercial relationship of the club “suspicious and surprising” with a bazaar of Chinese products in a neighborhood on the outskirts of Barcelona, specifically, with the company CHZ Europe Trade SL, and the HI HA DE TOT bazaar, which last year moved 2,975,000 euros in commercial exchanges with Valencia.