Thursday, October 30, 2014   

(Motor racing) April date for Ecclestone US$44m graft trial
(01-16 19:09)

Formula One commercial boss Bernie Ecclestone is expected to go on trial on bribery charges in Germany in late April, a Munich court announced.
He was charged last July in relation to a US$44 million payment he made to former German banker Gerhard Gribkowsky which was linked to the sale of the Formula One championship rights in 2006.
“According to current plans, the trial is set to start at the end of April,'' the Munich regional court said in a statement.
The 83-year-old motor-racing magnate has repeatedly denied he did anything wrong.
He was been under investigation since Gribkowsky was convicted of taking an illegal payment when the Formula One rights were sold in a 2006 deal.—AFP


   
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