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Prosecutors escalate F1 corruption investigation
German prosecutors have accelerated their investigation into alleged corruption in the sale of Formula One to the private equity firm CVC in 2006. On the receiving end of their wrath is Stephen Mullens who is the former lawyer of Bernie Ecclestone's Bambino family trust and has been charged by prosecutors according to a report in the Sunday Telegraph written by Christian Sylt.Mullens has been charged in connection with an alleged $44m bribe paid by Bambino and Ecclestone which is said to have steered the sale of a 47.2% stake in F1 to the private equity firm CVC in 2006.Mullens is the fourth person to be charged by German authorities in this investigation. The first was Gerhard Gribkowsky,...
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11y ago from Pitpass.com
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