The ongoing legal row over allegations that F1 supremo Bernie Ecclestone is guilty of bribery took another turn, with news that the 83-year-old’s own lawyer will also be indicted for his role in the sale of the sport’s commercial rights in 2006.
Despite being acquitted amid allegations that he had deliberately undervalued the price of BayernLB’s shareholding in the sport when those were sold to CVC Capital Partners, a recent London High Court ruling suggested that Ecclestone had almost certainly bribed BayernLB banker Gerhard Gribkowsky to ensure CVC emerged as the preferred bidder.
Ecclestone had avoided to pay any damages in a law suit issued by Constantin Medien, although the judge had ruled Ecclestone’s testimony to be largely unreliable.
Despite wriggling out of the High Court case, Ecclestone still faces separate charges of bribery in both Germany and Switzerland, and it has been reported in London’s Telegraph newspaper that the Brit’s lawyer, Stephen Mullens, has been similarly charged by German prosecutors.
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