News Details

Prosecutors will accept ending Ecclestone trial for $100 million

German prosecutors said Tuesday that they will accept closing Bernie Ecclestone's bribery trial in exchange for a $100 million payment by the Formula One boss, and judges were considering whether to end the proceedings. Ecclestone went on trial at the Munich state court in late April on charges of bribery and incitement to breach of trust -- which could, if he were convicted, carry a sentence of up to ten years in prison. The charges involve a $44 million payment to German banker Gerhard Gribkowsky, who is serving an eight and a half year sentence for taking the money. Gribkowsky was convicted of corruption, tax evasion and breach of trust in a trial led by the same judge who is hearing...
Full Story »
11y ago from F1Pulse.com 0
Share

You May Also Be Interested In...

F1 boss Ecclestone offers court deal

German prosecutors say they would accept an offer of $100m (£60m) from...
11y ago from BBC.co.uk

Ecclestone trial set to end after settlement

– Formula 1 supremo Bernie Ecclestone has agreed a settlement worth...
11y ago from GPUpdate.net

Ecclestone defence seeks deal to end bribery trial

Prosecutors and lawyers for Bernie Ecclestone are in talks about a...
11y ago from F1Pulse.com

Ecclestone bribery trial set for $100m settlement

Bernie Ecclestone has been attending the German court since April this...
11y ago from espnF1.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Second IndyCar practice at IMS headed up by Alex Palou

IndyCar took to the Indianapolis Motor Speedway road course for the...
41m ago from MotorsportWeek.c...

Palou secures early advantage in first IndyCar...

The NTT IndyCar Series completed its first official session of the Month...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal eye move for 40m defender as Dortmund enter...

Arsenal are interested in signing the Spanish defender Yarek Gasiorowski...
1h ago from CaughtOffside.com

Liverpool eye £73.5m Arsenal target as Salah...

Liverpool are interested in signing the Porto attacker Victor Froholdt....
3h ago from CaughtOffside.com

Months after criticising Arsenal for celebrating too...

Back in February, Chelsea legend John Terry claimed Arsenal celebrated too...
4h ago from SportsKeeda.com

Arteta: I will put criticism of Arsenal's celebrations...

Mikel Arteta said he will put criticism of Arsenal's celebrations...
3h ago from SkySports.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.