Don’t miss the latest developments in business and finance.

Mexican TV network Televisa denies bribery allegations

Image
AFP Mexico City
Last Updated : Aug 10 2018 | 9:45 AM IST

Mexican station Televisa hit back at a lawsuit filed in New York against the world's biggest Spanish-language network alleging it paid "millions of dollars" in bribes to secure World Cup hosting rights.

Televisa Group told AFP that the "accusations have no legal basis" and "contain important factual errors."
The plaintiff claimed its shares dropped in value as a result of the corruption accusation and cost it "hundreds of millions of dollars."

Also Read

First Published: Aug 10 2018 | 9:45 AM IST

Next Story