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| Bernard Charles Ecclestone |
Meeting of shareholders Formula One Group has rounded decision and issue an official statement . "The board has discussed the Munich court decision to initiate proceedings Ecclestone . Council believes in the interest of business and the sport of F1 , Ecclestone still conducting business as usual , but the monitoring and control functions are controlled council . Approval and signing of contracts and other business materials are held fully by Chairman Peter Brabeck - Letmathe and Deputy Chairman Donald Mackenzie . "
Council said that if Formula One supremo for crimes certainly fired . In Germany , accused of bribery carries a penalty of 3 months to 10 years . Ecclestone lawyer Sven Thomas and Norbert Scharf asserts alleged bribe was never there . Explained again , the allegations in the indictment is based on unfounded Gribkowsky statement .
Case
Person # 1 in Formula 1 for almost 40 years it has always said he was innocent and never bribed Gribkowsky . The money granted is recognized as payments to avoid tax investigation in the UK , he denied that the money was a bribe .
Gerhard Gribkowsky was sentenced in 2012 after being found guilty of receiving money from Ecclestone as part of the process of selling 47 percent stake in Formula 1 to CVC Capital Partners in 2006 . He was jailed for 8.5 years on charges of corruption , tax evasion and breach of trust .
In separate proceedings , held in London , Ecclestone claimed to have made payments on Gribkowsky between July 2006 - December 2007 . He claimed when it was a victim of extortion and British authorities want to avoid tax -related cases .
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