HomeFormula 1 boss Ecclestone indicted on bribery charge
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Formula 1 boss Ecclestone indicted on bribery charge
by hudunikibolokov Thu Jul 18, 2013 2:10 am
German prosecutors have indicted Formula 1 motor racing boss Bernie Ecclestone on a bribery charge.
The charge relates to a $44m (£29m) payment to German banker Gerhard Gribkowsky of Bayern Landesbank, linked to the sale of a stake in F1.
Mr Ecclestone denies bribing Gribkowsky, and says the money was intended to stop the banker from exposing him to a UK tax inquiry.
Mr Gribkowsky was sentenced to eight-and-a-half years in jail in Munich.
What do you guys think of this development?
The charge relates to a $44m (£29m) payment to German banker Gerhard Gribkowsky of Bayern Landesbank, linked to the sale of a stake in F1.
Mr Ecclestone denies bribing Gribkowsky, and says the money was intended to stop the banker from exposing him to a UK tax inquiry.
Mr Gribkowsky was sentenced to eight-and-a-half years in jail in Munich.
What do you guys think of this development?
hudunikibolokov- Posts : 937
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