Following nearly twenty years of corruption, CISAC suspended Spanish collecting society SGAE’s membership. Between 2003 and 2007, SGAE executives knowingly misappropriated millions of euros in royalty payments. Authorities in Madrid had arrested Enrique Loras, SGAE’s Director General, and Ricardo Azcoaga, the society’s Financial Director. In 2011, civil guard officers raided the once-powerful collecting society’s HQ […]
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