7msports > Racing Video > Ecclestone set to face bribery charges
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Intro:
Formula One boss Bernie Ecclestone arrived at a courthouse in Munich on Thursday morning (24th April) to face bribery charges that could lead to a prison term of up to 10 years if he is convicted.
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Formula One boss Bernie Ecclestone arrived at a courthouse in Munich on Thursday morning to face bribery charges.
The charges involve a $44 million payment to a German banker who is already serving an eight-year sentence for accepting the money.
Prosecutors allege the money was a bribe, to ensure the sale of a stake in the F1 business, to a company Ecclestone favoured.
Ecclestone continues to run the F1 business on a day-to-day basis, but faces a prison term of up to 10 years if convicted of the charges.
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Ecclestone set to face bribery charges
Friday, April 25 2014Category:Racing