Chris Maduewesi
Member
Formula 1 boss Bernie Ecclestone has denied bribery charges at the start of his trial in Munich.
He is accused of giving a $45m (£27.5m; 33m euros) bribe to a German banker to secure the sale of a stake in the F1 business to a company he favoured.
Mr Ecclestone admits paying Gerhard Gribkowsky, who is serving a jail sentence for receiving the payment, but has denied any wrongdoing.
He continues to run the F1 business on a day-to-day basis despite the charges.
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Source: BBC News
Photo Credit: Wikipedia
He is accused of giving a $45m (£27.5m; 33m euros) bribe to a German banker to secure the sale of a stake in the F1 business to a company he favoured.
Mr Ecclestone admits paying Gerhard Gribkowsky, who is serving a jail sentence for receiving the payment, but has denied any wrongdoing.
He continues to run the F1 business on a day-to-day basis despite the charges.
Click here to read full story
Source: BBC News
Photo Credit: Wikipedia