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Ecclestone indictment challenges London High Court ruling
Formula One boss Bernie Ecclestone's chances of triumph in his bribery trial, which begins on Thursday, have been given a boost from the most unlikely of sources according to an article in the Guardian written by Christian Sylt.German prosecutors have charged Ecclestone with paying part of a £26.2m ($44m) bribe to former banker Gerhard Gribkowsky to steer the sale of F1 to the private equity firm CVC in 2006 as it had agreed to retain him as boss of the sport. Gribkowsky was chief risk officer of German bank BayernLB which owed a 47.2% stake in F1's parent company SLEC and received £484.7m ($814m) for selling it to CVC.Last year Ecclestone was sued in London's High Court for...
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11y ago from Pitpass.com
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