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Bernie Ecclestone in ‘frail health' after pleading guilty to tax charges
Ex-Formula 1 CEO Bernie Ecclestone has pleaded guilty to fraud, in a hearing which took place Thursday morning in Southwark crown court, London. The 92-year-old had been under investigation for not declaring to the UK government £400 million worth of overseas assets, something he originally pleaded not guilty to during a court hearing in June at Westminster Magistrates Court. However, his plea changed on Thursday after informing the judge that 'I plead guilty'. Ecclestone was charged by HM Revenue and Customs (HMRC) during the summer after it was claimed that he failed to declare in excess of £400m worth of overseas assets, held in a trust fund in Singapore. Want to work in Formula 1?...
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2y ago from Formula1News.co.uk
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