AIRLINK 86.21 Decreased By ▼ -0.99 (-1.14%)
BOP 4.97 Decreased By ▼ -0.05 (-1%)
CNERGY 4.08 Decreased By ▼ -0.01 (-0.24%)
DFML 37.22 Decreased By ▼ -0.68 (-1.79%)
DGKC 91.20 Decreased By ▼ -2.68 (-2.85%)
FCCL 22.99 Decreased By ▼ -0.78 (-3.28%)
FFBL 33.74 Increased By ▲ 1.07 (3.28%)
FFL 9.19 Decreased By ▼ -0.06 (-0.65%)
GGL 10.05 Increased By ▲ 0.02 (0.2%)
HASCOL 6.25 Decreased By ▼ -0.29 (-4.43%)
HBL 126.25 Increased By ▲ 4.33 (3.55%)
HUBC 158.29 Increased By ▲ 12.64 (8.68%)
HUMNL 11.08 Increased By ▲ 0.58 (5.52%)
KEL 4.64 Decreased By ▼ -0.10 (-2.11%)
KOSM 4.09 Decreased By ▼ -0.10 (-2.39%)
MLCF 38.25 Decreased By ▼ -0.55 (-1.42%)
OGDC 133.40 Decreased By ▼ -1.61 (-1.19%)
PAEL 25.40 Increased By ▲ 0.32 (1.28%)
PIBTL 6.22 Decreased By ▼ -0.05 (-0.8%)
PPL 119.25 Decreased By ▼ -0.43 (-0.36%)
PRL 24.58 Increased By ▲ 0.48 (1.99%)
PTC 12.28 Increased By ▲ 0.06 (0.49%)
SEARL 59.32 Decreased By ▼ -0.48 (-0.8%)
SNGP 65.60 Increased By ▲ 0.60 (0.92%)
SSGC 9.87 Decreased By ▼ -0.18 (-1.79%)
TELE 7.85 Decreased By ▼ -0.02 (-0.25%)
TPLP 9.49 Decreased By ▼ -0.25 (-2.57%)
TRG 63.80 Decreased By ▼ -0.50 (-0.78%)
UNITY 27.26 Increased By ▲ 0.21 (0.78%)
WTL 1.28 Decreased By ▼ -0.04 (-3.03%)
BR100 8,341 Increased By 31.1 (0.37%)
BR30 26,457 Increased By 506.8 (1.95%)
KSE100 78,810 Increased By 9 (0.01%)
KSE30 25,474 Increased By 35.6 (0.14%)
World

McAfee tells extradition hearing he faces politically-motivated charges

  • McAfee linked the charges filed by the Internal Revenue Service to his failed bid to run as a Libertarian Party candidate in the 2020 US presidential election, a second such attempt.
  • "I am hoping that the Spanish court will see the injustice of this," he said, adding "the United States wants to use me as an example."
Published June 15, 2021

MADRID: John McAfee, an antivirus software creator jailed in Spain and awaiting extradition to face tax fraud charges in the United States, told a court hearing in Madrid on Tuesday he was a victim of politically-motivated accusations.

McAfee linked the charges filed by the Internal Revenue Service to his failed bid to run as a Libertarian Party candidate in the 2020 US presidential election, a second such attempt.

"In late 2018, I announced I would run again and I also announced I would target the IRS and its corruption and two months later the IRS filed charged against me," he told the Spanish High Court during the first hearing of his extradition trial.

"I believe the charges are politically motivated."

McAfee added that that given his age, almost 76, he would spend the rest of his life in jail if he were to be convicted in the United States.

"I am hoping that the Spanish court will see the injustice of this," he said, adding "the United States wants to use me as an example."

In Washington, the IRS did not immediately respond to a request for comment.

The Spanish prosecutor, Carlos Bautista, dismissed the claim of political motivations, insisting the Libertarian Party rarely gains more than 1% of votes in US elections.

"He is a tax rebel, nothing else. A millionaire who doesn't want to pay taxes," Bautista said. "He will benefit from all guarantees of due process."

McAfee was arrested at Barcelona airport in early October when he was about to board a flight to Istanbul with a British passport. US federal prosecutors unsealed an indictment in October against McAfee over charges that he evaded taxes and wilfully failed to file returns.

That came shortly after the Securities and Exchange Commission revealed it had brought civil charges against McAfee, alleging he made over $23.1 million in undisclosed income from false and misleading cryptocurrency recommendations.

The Spanish prosecutor said McAfee could be extradited, but only to face charges related to his tax returns of 2016, 2017 and 2018.

Comments

Comments are closed.