Former President of the Cyprus Football Federation Yiorgos Koumas will be responding on May 6th to charges of money laundering and conflict of interest in the management of television rights as regards major sports events.
The postponement was granted today by the Nicosia Criminal Court, providing defence attorneys with time to receive and study the prosecutors witness material.
Koumas will be paying a 100 thousand euro guarantee against a credible guarantor.
The alleged offences relate to the period 2015-2025 and include agreements with professional sports companies and organisations, including the Cyprus Football Federation, CYTA, Cablenet, GO PLC, the Nicosia Race Club and the Cyprus Basketball Federation.
According to the charges, during the relevant time in which Koumas was President of the Cyprus Football Federation, he allegedly maintained close ties with specific organisations through companies affiliated to him and other associates, in violation of the lefgislation on Combatting Manipulation of Sports Competitions, as well as article 20 of the penal code.
The alleged illegal actions in point included the production and live transmission of sports events as well as managing television, internet and mobile rights on football and basketball matches as well as horse races.
Also charged with the same alleged offences are Triple AAA Productions Ltd and Triple AAA Village Studios Ltd, two companies in which he was a shareholder during his tenure as Cyprus Football Association Vice-President and President.
He is accused of concluding agreements for the production and live transmission of sports events, as well as live streaming and the production of sports programmes, while he held these CFA leading positions.