Ecclestone paid 75 million for freedom

Author of the article: , published on August 5, 2014.

The trial of Bernie Eccleston, accused of bribery, ended after the head of Formula One reached an agreement with the state prosecutor's office and paid 75 million euros.

Ecclestone, 83, was accused of paying a $ 33 million bribe to banker Gerhard Gribkowski. The Briton said that he paid Gribkowski, who is currently serving an eight-and-a-half-year prison sentence for receiving a bribe, only after he threatened to file a false report of tax evasion with the British authorities.

The Attorney General has justified the settlement by saying Ecclestone has been around for years. If no agreement was reached, the Briton could face up to ten years in prison and lose control of Formula One.

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