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Gribkowsky admits receiving F1 cash
German banker Gerhard Gribkowsky has admitted receiving multi million dollar payments to assist with the sale of the F1 business to CVC Capital Partners in 2006, while handling the matter for Bayern Landesbank
German prosecutors allege that Gribkowsky received $44m in bribes from companies controlled by Bernie Ecclestone and the Bambino family trust, a fund linked to Ecclestone's ex-wife Slavica, which owned an F1 stake. Ecclestone gave evidence at Gribkowsky's Munich trial last year, when he admitted paying the banker but said that he was being "shaken down" and claimed that he made the payments to ensure that the Gribkowsky "did not do silly things" which, Mr...
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13y ago from GrandPrix.com
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