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Ecclestone indicted in $44 million bribery case

Formula 1 boss Bernie Ecclestone has been indicted by German prosecutors for alleged bribery in connection with the sale of a stake in the global racing series. Ecclestone has been under investigation since a German banker was convicted of taking an illegal payment from him worth $44 million. Ecclestone told the Munich state court he felt pressured into paying the cash in 2006 because he was worried that Gerhard Gribkowsky would report him to British tax authorities. Eccelstone told The Associated Press on Wednesday that an indictment against him has been filed. 'The lawyers have accepted an indictment,' he said in a telephone interview. 'It means they have to reply to the indictment which...
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