The High Court in Munich heard on Tuesday that Formula One supremo Bernie Ecclestone paid a bribe to a German banker during the time they worked together in the sport.
The 83-year-old Ecclestone is accused of channelling funds to the amount of 44 million dollars to Gerhard Gribkowsky, who has already been jailed for his role, in an attempt to smooth over the sale of a stake in F1 to the private equity firm CVC in 2006.
Ecclesone, who has so far denied the bribery charge against him, could spend as much as 10 years behind bars and lose his grip on the sport if he is found guilty.
"The offer clearly came from him," Gribkowsky told Munich court, before adding through an interpreter...
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