The former “patron” of Formula One (F1), Bernie Ecclestonedenied this Monday before a court in London that he committed fraud by not declaring the Government 400 million pounds (471 million euros) for assets abroad.
Ecclestone, 91was accused of not declaring a foundation in Singapore with a bank account in which someone deposited around $650 million American (649 million euros).
In a hearing held today at Westminster Magistrates’ Court (London), the tycoon attracted the attention of many photographers and television cameras, who had previously been asked by the security personnel of the Court to take care of the businessman because of his old age.
Ecclestone, 91was at the helm of F1 for forty years before being removed from his duties in 2017.
your lawyer, Claire Montgomerysaid today during the hearing that his client was experiencing “slight hearing problems.”
In his speech, Ecclestone confirmed his name, his date of birth and his address in the Knightsbridge neighborhood of central London, before pleading “not guilty” to a charge of false representation fraud allegedly committed between July 2013 and October 2016. .
The court granted his unconditional bail and he has to appear in another British court, Southwark (in London) on September 19.
The charge facing the tycoon was approved last month by the British Prosecutor’s Office, which specified that the businessman had not declared to the Treasury the existence of assets abroad.
For his part, Simon York, director of the Treasury Fraud Investigation Service, also pointed out at the time that the accusation follows “a complex and global criminal investigation carried out by the HMRC Fraud Investigation Service (Treasury).” EFE
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Source: La Verdad
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
