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Ecclestone indicted in bribery case

Bernie Ecclestone indicted by German prosecutors investigating allegations of bribery
Bernie Ecclestone has been formally indicted by prosecutors in Germany investigating allegations of bribery.

The charges are linked to the role Ecclestone played when F1 was sold to CVC back in 2005, with banker Gerhard Gribkowsky having already been given a jail sentence for corruption over the role he played.

Ecclestone has admitted making payments to Gribkowsky but has always maintained he was doing so having been threatened with blackmail and wasn't simply trying to bribe the now disgraced banker.

Prosecutors have now finished putting together their case however, with Ecclestone's legal team having now been handed a formal indictment.

A response is set to be sent to prosecutors in the coming weeks.

“I have just spoken to my lawyers and they have received an indictment,” Ecclestone told the Financial Times, “It's being translated into English.

“We are defending it properly. It will be an interesting case. It's a pity it's happened.”

Once Ecclestone's defence team has lodged its response, a decision will then be taken as to whether to push ahead with a court case.

Should the decision be taken to proceed with the case, Ecclestone could be forced to stand down from his position as head of the sport.



Related Pictures

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05.07.2013- Free Practice 2, Bernie Ecclestone (GBR), President and CEO of Formula One Management
06.07.2013- Qualifying, Bernie Ecclestone (GBR), President and CEO of Formula One Management
06.07.2013- Qualifying, Bernie Ecclestone (GBR), President and CEO of Formula One Management
21.09.2014 - Race, Bernie Ecclestone (GBR), President and CEO of FOM
21.09.2014 - Race, Christian Horner (GBR), Red Bull Racing, Sporting Director and Bernie Ecclestone (GBR), President and CEO of FOM
21.09.2014 - Race, Christian Horner (GBR), Red Bull Racing, Sporting Director and Bernie Ecclestone (GBR), President and CEO of FOM
21.09.2014 - Race, Bernie Ecclestone (GBR), President and CEO of FOM
21.09.2014 - Race, Bernie Ecclestone (GBR), President and CEO of FOM
19.09.2014- Free Practice 2, Bernie Ecclestone (GBR), President and his wife Fabiana Flosi (BRA)
19.09.2014- Free Practice 2, Bernie Ecclestone (GBR), President and CEO of FOM and Sir Jackie Stewart (GBR)
19.09.2014- Free Practice 2, Bernie Ecclestone (GBR), President and CEO of FOM and Sir Jackie Stewart (GBR)
19.09.2014- Free Practice 2, Bernie Ecclestone (GBR), President and CEO of FOM and his wife Fabiana Flosi (BRA)
19.09.2014- Free Practice 2, Bernie Ecclestone (GBR), President and CEO of FOM and his wife Fabiana Flosi (BRA)
18.09.2014 - Bernie Ecclestone (GBR), President and CEO of FOM and Bernie Ecclestone (GBR), President and CEO of FOM
18.09.2014 - Bernie Ecclestone (GBR), President and CEO of FOM and Christian Horner (GBR), Red Bull Racing, Sporting Director
18.09.2014 - Bernie Ecclestone (GBR), President and CEO of FOM and Christian Horner (GBR), Red Bull Racing, Sporting Director
18.09.2014 - Bernie Ecclestone (GBR), President and CEO of FOM and Christian Horner (GBR), Red Bull Racing, Sporting Director
18.09.2014 - Bernie Ecclestone (GBR), President and CEO of FOM and Christian Horner (GBR), Red Bull Racing, Sporting Director

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Taipan

July 17, 2013 2:58 PM

Taz it might be a Merc type punishment.... (scary judges voice) - Bernard Charles Ecclestone you have been found guilty of bribery and perverting the course of justice, due to the severity of your crimes I have no option but to hand down the most severe penalty available to me, you have been banned from this years Christmas party but your share of the dinner will be delivered to your home, is that ok with you sir?



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