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F1 : Corrupt banker Gerhard Gribkowsky handed jail sentence for Formula 1 bribery E-mail
Wednesday, 27 June 2012 16:25
The Formula One bribery corruption trial in Germany involving Gerhard Gribkowsky saw the banker sentenced to jail by a Munich court on Wednesday.

The guilty verdict could have serious implications for Formula 1 Chief Executive Bernie Ecclestone, who admits to paying millions to the former BayernLB banker.

Gribkowsky was sentenced to eight and a half years in jail for crimes including bribery, for the $44 million received from Ecclestone.

In closing arguments earlier on Wednesday, the German prosecutors described Ecclestone as an "accomplice", not a victim of extortion as claimed by the 81 year old Briton.

F1SA.com

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