President of Spain's Las Palmas football club arrested

The president of the Spanish football team Las Palmas was arrested on Wednesday in connection with allegations of fraud.

Miguel Angel Ramirez was detained after landing at Gran Canaria airport on board a private plane from Miami, United States, although he was later released after appearing in front of a judge, reports Efe.

An arrest warrant was issued for him when he failed to appear as a dependent at a previous hearing about his alleged manipulation of his staff's wages in a way that defrauded the social security system.

Las Palmas was relegated this season from La Liga to the Second Division.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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