Formula One chief Bernie Ecclestone avoided possible conviction on bribery charges after agreeing to pay $100 million in a Munich court Tuesday.
The High Court in London dismissed a civil damages claim last week against Bernie Ecclestone, the chief executive officer of Formula 1, arising from a sale of shares in the Formula 1 Group.… Continue Reading
Remember Bernie Ecclestone, the Formula One chief who was charged with making a $44 million bribe in 2006?
His chances of fighting the charges have improved now that a key piece of evidence against him has been called into question.… Continue Reading
John Morton, of Morton’s Fork fame, would have been intrigued by Bernie Ecclestone’s explanation that it was not bribery but extortion that caused him to pay $44 million due to the banker blackmailing him through a threatened disclosure of his fiscal affairs to the British tax authorities.… Continue Reading
Formula One boss Bernie Ecclestone will be charged soon in Germany for bribing a banker to gain access to his bank’s F1 shares, a German newspaper has reported.… Continue Reading