Bernie Ecclestone's illness forces postponement in trial
Bernie Ecclestone's corruption trial in Munich has been postponed for Tuesday and Wednesday with the 83-year-old Formula One magnate suffering from illness
Munich: Bernie Ecclestone's corruption trial in Munich has been postponed for Tuesday and Wednesday with the 83-year-old Formula One magnate suffering from illness.
Ecclestone's defence team presented the Munich court with a doctor's certificate to confirm the Briton was ill and judge Peter Noll has allowed the court hearings to be postponed.
The Briton is accused of paying German banker Gerhard Gribkowsky USD 44 million (32 million euros) in 2006 and 2007 to ensure his continued grip on the motor sports empire he had built up over four decades. Ecclestone, who has pleaded not guilty, faces a maximum jail term of 10 years if he is found guilty.
He admits making the huge payment not as a bribe but as hush money after a blackmail attempt. Prosecutors charge that the money was a bribe meant to ensure BayernLB sold its shares to Ecclestone's preferred bidder, CVC Capital Partners of Britain, now the sport's majority shareholder.