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Philippines, 03 Jul 2025 |
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Pacquiao’s lawyer wants Nazario banned By Dennis Principe PhilBoxing.com Sat, 02 Jul 2005 AMERICAN LAWYER Judd Burstein wants Manny Pacquiao’s former business manager Rod Nazario to be banned from boxing for his alleged role in depriving the Filipino boxer of substantial income from his previous fights. In an interview with the Bulletin, Burstein said that Nazario’s claims that all of Pacquiao’s tax obligations had been settled was "demonstrated in court to be an out and out lie." "At a minimum, Rod Nazario should be banned from boxing in the Philippines. I do not know if criminal prosecution is available, but that would, in my opinion, also be appropriate," said Burstein. Burstein was the lead lawyer of Filipino boxing hero Manny Pacquiao during the latter’s triumph against American promoter Murad Muhammad in a Southern District Court in New York whom the boxer sued for getting most of his boxing earnings. The trial was called off after Murad offered an out-of-court settlement whose amount has not been disclosed. The settlement effectively ended the litigation of the $33-million suit which the General Santos City marvel filed against his estranged promoter last April 28. The jury trial started on June 20 presided by Judge Loretta Preska and was touted as a landmark case for the celebrated Muhammad Ali Boxing Reform Law. The settlement freed the 26-year-old Pacquiao from any promotional obligation from Muhammad. Pacquiao and his management team led by American Shelly Finkel are said to be eyeing a non-title fight either September 10 or 17. "Indeed, even Murad’s lawyer, in his summation, essentially admitted that Rod Nazario had cheated Manny," said Burstein. In his lawsuit, Pacquiao claimed that Muhammad arranged with Nazario to create a shell company named Philippine Boxing LLC that was allegedly used to embezzle a great part of the boxer’s fight purse in the United States. The alleged shell company caper left Pacquiao accountable to the Internal Revenue Service with hundreds of thousands of dollars in tax obligations. Nazario however has been consistent in his affirmation that Pacquiao’s business dealings are well accounted for and that Pacquiao has no other unsettled obligations in the United States. Pacquiao, who is arriving early next week, said he was bringing with him the documents that would prove his accusations. "Tell him to do just that so we’ll see who’s telling the truth," said Nazario in an interview yesterday. Nazario is awaiting an advice from his lawyer, Siegfried Fortun, about the prospects of filing charges against Pacquiao. —With reports from Nick GIONGCO Click here to view a list of other articles written by Dennis Principe.  |
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