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Thursday, Jan. 26, 2012

Redknapp accused of cash coverup


London — Tottenham manager Harry Redknapp's financial dealings were raked over in a London court Tuesday as prosecutors laid out their case that he used a secret offshore bank account to stash $295,000 of transfer bonuses over a six-year period.

The trial comes as Redknapp is enjoying the most successful period of his coaching career and is a prime candidate to replace Fabio Capello as England manager later this year. The 64-year-old coach is accused of keeping cash in Monaco to avoid British taxes while he was manager at Portsmouth.

On the second day of the trial at Southwark Crown Court, the jury was told that Redknapp denies receiving a "bung" — the British term to describe a bribe — from former Portsmouth chairman Milan Mandaric during their spell at the club.

"For the sake of . . . any amount of money, I don't fiddle," Redknapp said in part of a police interview read by the prosecution. "I pay my tax."

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