Jun
27th
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From GMM
German prosecutors on Wednesday appeared likely to press ahead with a corruption case against Bernie Ecclestone.
Until now, the F1 chief executive has been implicated in the Gerhard Gribkowsky scandal but only as the subject of an investigation into the money he paid to the jailed banker.
Bernie Ecclestone, 81, has also appeared as a witness in the trial to give evidence protected by immunity, but on Wednesday it sounded likely he will be separately charged and pursued by the Munich prosecutors.
As prosecutor Christoph Rodler wrapped up Gribkowsky's trial on Wednesday, he described Ecclestone as an "accomplice".
He said the diminutive Briton's explanation of the $44 million payments to Gribkowsky was a "nebulous story", arguing Ecclestone was "not the victim of an extortion but the accomplice in an act of bribery".
According to the Financial Times, Rodler said Ecclestone had an "existential interest" in paying the money to Gribkowsky because his "life's work" was at risk.
Bernie Ecclestone has not yet been charged.
UPDATE:
Gerhard Gribkowsky was sentenced to eight and a half years in jail for crimes including bribery, for the $44 million received from Ecclestone.
The guilty verdict could have serious implications for F1 chief executive Bernie Ecclestone.
German prosecutors on Wednesday appeared likely to press ahead with a corruption case against Bernie Ecclestone.
Until now, the F1 chief executive has been implicated in the Gerhard Gribkowsky scandal but only as the subject of an investigation into the money he paid to the jailed banker.
Bernie Ecclestone, 81, has also appeared as a witness in the trial to give evidence protected by immunity, but on Wednesday it sounded likely he will be separately charged and pursued by the Munich prosecutors.
As prosecutor Christoph Rodler wrapped up Gribkowsky's trial on Wednesday, he described Ecclestone as an "accomplice".
He said the diminutive Briton's explanation of the $44 million payments to Gribkowsky was a "nebulous story", arguing Ecclestone was "not the victim of an extortion but the accomplice in an act of bribery".
According to the Financial Times, Rodler said Ecclestone had an "existential interest" in paying the money to Gribkowsky because his "life's work" was at risk.
Bernie Ecclestone has not yet been charged.
UPDATE:
Gerhard Gribkowsky was sentenced to eight and a half years in jail for crimes including bribery, for the $44 million received from Ecclestone.
The guilty verdict could have serious implications for F1 chief executive Bernie Ecclestone.