KIEV, April 26 (Reuters) - The former president of Ukrainian premier division side CSKA Kiev has been charged with fraud following an investigation into the illegal transfer of players.
A spokesman for the city prosecutor's office said on Friday
that earlier this month prosecutors had arrested Andriy
Artemenko and charged him with illegally transferring players
abroad and diverting club funds for personal use.
Artemenko, who headed CSKA from 1999 to 2000, denies any
Earlier this year, CSKA was renamed Arsenal after a change
in ownership at the army club.
Last month, Kiev chief prosecutor Yuri Haisinsky filed
charges against former CSKA owners and their business partners,
the oil company Naftogas Ukrainy.
Haisinsky accused them of operating a scam to illegally
transfer players abroad, pocketing some $4million from those
deals and laundering money with the oil company's help.
Ukraine international Eduard Tsykhmeistruk moved on a free
transfer from CSKA to Russian champions Spartak Moscow last year
in a move the Ukrainians tried to block until they received
money in return.
The case went to world governing body FIFA's arbitration
commission, which allowed Tsykhmeistruk to play for Spartak.