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Ecclestone trial hears from banker

A German banker who alleges he was bribed by Bernie Ecclestone has testified for the first time at the corruption trial of the Formula 1 boss. Mr Ecclestone is accused of paying a bribe of $44m (£26m) to Gerhard Gribkowsky to secure the sale of a stake in the F1 business to a company he favoured. He admits paying Gribkowsky but says he was blackmailed into it. The banker is serving eight-and-a-half years for receiving the payment. In the first of what is expected to be four days of evidence, Gribkowsky apparently failed to explain why the F1 boss paid him the money. 'Victim' Mr Ecclestone, who has pleaded not guilty, faces a maximum prison sentence of 10 years if he is found guilty. The...
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11y ago from BBC.co.uk 0
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