Kia Joorabchian has denied "any wrongdoing whatsoever" over allegations of money-laundering.
Joorabchian has reportedly been issued with an arrest warrant in Brazil as part of an investigation at Corinthians, which Media Sports Investment, Joorabchian's company, is a major investor in.
However, Joorabchian, who represents Manchester United target Carlos Tevez, says his financial dealings are all aboveboard.
"The investigation in Brazil has been rumbling on for some considerable time and apparently involves numerous individuals including the president, club officials and partners of Corinthians Football Club," Joorabchian said in a statement.
"I deny any wrongdoing whatsoever. I have co-operated fully with the authorities in Brazil and have previously offered to speak to them directly, an offer that they have not taken up.
"The investigation has been provoked by the desire of a small group of individuals in Brazil to gain control over Corinthians Football Club. All payments made to Corinthians by MSI were cleared through and approved by the Brazilian Central Bank.
"My Brazilian lawyers are instructed urgently to prevent me being personally involved any longer in this dispute. I am advised, and believe this matter will be resolved very shortly."
Source : www.skysports.com
By Andrew Scurr - Created on 13 Jul 2007
