La Liga, the main football league in Spain, signed a sponsorship contract with Iranian telecom company MTN Irancell. The deal entitled La Liga to a cut of the profits the Iranian telecom company made from Iranian fans watching Spanish soccer.
But getting money out of Iran, a heavily sanctioned country, isn’t easy. Here’s how Dominica’s “citizenship-by-investment” program made it possible:
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Documents show an intermediary with a “golden passport” from the Caribbean island nation set up a shell company in Hong Kong.
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This company transferred at least one payment from Iran to La Liga in an apparent bid to evade financial oversight.
🌐 The Big Picture: This investigation shows how “golden passports” not only allow visa-free access to much of the globe — they can also benefit those conducting international business.
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