Menu
16/01/2014
Forumla 1 Boss To Face Bribery Charge
Bernie Ecclestone, the boss of Formula 1, is to face charges of bribery following a ruling by a court in Munich.
Ecclestone is accused of attempting to bribe a German banker by giving him $45 million (£27.5m).
The banker, Gerhard Gribkowsky, is currently serving a jail sentence for accepting the payment.
Ecclestone admits paying the money to Gribkowsky but denies that it was a bribe, claiming instead that he has been the victim of blackmail.
It is claimed that Ecclestone paid Gribkowsky in an effort to ensure that Formula 1 was sold to a private equity firm of his choosing.
However, Ecclestone claim that he paid the money to Gribkowsky after the banker threatened to reveal false information regarding his tax affairs.
(MH/CD)
Ecclestone is accused of attempting to bribe a German banker by giving him $45 million (£27.5m).
The banker, Gerhard Gribkowsky, is currently serving a jail sentence for accepting the payment.
Ecclestone admits paying the money to Gribkowsky but denies that it was a bribe, claiming instead that he has been the victim of blackmail.
It is claimed that Ecclestone paid Gribkowsky in an effort to ensure that Formula 1 was sold to a private equity firm of his choosing.
However, Ecclestone claim that he paid the money to Gribkowsky after the banker threatened to reveal false information regarding his tax affairs.
(MH/CD)
Related UK National News Stories
Click here for the latest headlines.
07 September 2012
Ecclestone Blackmailer Jailed For Five Years
A man has been sentenced to 5-years for attempting to blackmail F1 boss Bernie Ecclestone. Martin Peckham, who admitted blackmail, demanded up to £200,000 from Mr Ecclestone in December, claiming his daughter Tamara would be abducted. He told Mr Ecclestone he was a security expert who could foil a Middle Eastern plot to kidnap the 27-year-old.
Ecclestone Blackmailer Jailed For Five Years
A man has been sentenced to 5-years for attempting to blackmail F1 boss Bernie Ecclestone. Martin Peckham, who admitted blackmail, demanded up to £200,000 from Mr Ecclestone in December, claiming his daughter Tamara would be abducted. He told Mr Ecclestone he was a security expert who could foil a Middle Eastern plot to kidnap the 27-year-old.
05 December 2014
FSB Slams Premier Foods' Unfair 'Investment Payment'
The Federation of Small Businesses (FSB) has slammed Premier Foods' unfair payment practices. In a recent letter to suppliers, Premier Foods, the UK's largest food producer, requested a compulsory 'investment payment' to be made by any company wishing to stay on its approved supplier list.
FSB Slams Premier Foods' Unfair 'Investment Payment'
The Federation of Small Businesses (FSB) has slammed Premier Foods' unfair payment practices. In a recent letter to suppliers, Premier Foods, the UK's largest food producer, requested a compulsory 'investment payment' to be made by any company wishing to stay on its approved supplier list.
29 July 2004
Companies 'still paying late' despite government reforms
More than five years after the government brought in legislation to curb late payment, the gap between the average payment period of companies in the UK when the legislation was introduced and now has expanded even further, according to a leading information solutions company.
Companies 'still paying late' despite government reforms
More than five years after the government brought in legislation to curb late payment, the gap between the average payment period of companies in the UK when the legislation was introduced and now has expanded even further, according to a leading information solutions company.
01 September 2015
Contactless Card Payment Limit Increases To £30
The limit on contactless card payments has increased from £20 to £30, the UK Cards Association has announced. Payment terminals are being updated to accept the new limit from today Tuesday, 1 September. The move comes as figures reveal contactless spending rose from £287m in January to £567m in June. In total, £2.
Contactless Card Payment Limit Increases To £30
The limit on contactless card payments has increased from £20 to £30, the UK Cards Association has announced. Payment terminals are being updated to accept the new limit from today Tuesday, 1 September. The move comes as figures reveal contactless spending rose from £287m in January to £567m in June. In total, £2.
04 November 2014
UK Warned Over Interest Charges If EU Payment Deadline Missed
The European Commission has warned that the UK will face charges of more than £3.5 million if it misses the 01 December deadline, for a £1.7 billion payment it has been asked to make to the European Union. It is understood that David Cameron has said the UK has "no intention" of paying the money.
UK Warned Over Interest Charges If EU Payment Deadline Missed
The European Commission has warned that the UK will face charges of more than £3.5 million if it misses the 01 December deadline, for a £1.7 billion payment it has been asked to make to the European Union. It is understood that David Cameron has said the UK has "no intention" of paying the money.
-
Northern Ireland WeatherThis Evening and Tonight:It will be cloudy with a spell of heavy rain pushing south through late evening and the early hours, soon followed by some clear spells. Minimum temperature 6 °C.
