Friday 8 July 2011

IFPI and SGAE face scandals

Hot on the heels of the scandal engulfing Spain’s collection society SGAE – their offices and a number of private homes were raided by Spanish police as part of an investigation into the "misappropriation of funds" and nine people, including president of SGAE's Board of Directors Eduardo Bautista, were detained - comes new that the former chief of the Swiss branch of the International Federation of The Phonographic Industry, Beat Högger, has been accused of abusing his position in the trade body to gain tax breaks for his own company IPGate. According to TorrentFreak, and German journalist Christian Bütikofer, Högger allegedly employed two administrators at the IFPI through his own German company, to qualify IPGate for concessions under Germany's tax system on the basis he had a Swiss operation. Bütikofer claims this allegedly benefited Högger's company to the tune of 316,500 euros.

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