News Details
Gribkowsky: I grabbed the carrot dangled in front of me
Gerhard Gribkowski in court
A jailed former German banker told a court on Tuesday that Formula 1 boss Bernie Ecclestone had bribed him when they worked together in the motor sport, supporting the prosecution case in the Briton's trial.
Ecclestone is accused of bribing Gerhard Gribkowsky by channelling $44 million to him in return for smoothing the sale of a stake in Formula One held by bank BayernLB to the private equity firm CVC eight years ago.
The 83-year-old, who denies bribery charges, could face up to 10 years in prison if found guilty and a conviction would end his long grip on a business he helped to create.
'The offer clearly came from him,' Gribkowsky told the court in Munich as...
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11y ago from GrandPrix247.com
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