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Ex-Formula One boss Bernie Ecclestone has admitted fraud after failing to declare more than £400million held in a trust in Singapore to the Government - as he agrees to pay £652million.
Ex-Formula One boss Bernie Ecclestone has pleaded guilty to failing to declare £400million of overseas assets to the government.
If there was a Grand Prix for tax evasion, Bernard Ecclestone may have just won the championship title. Once nicknamed the “F1 Supremo,” Ecclestone made a…
Thursday, October 12, 2023 – Ex-Formula One boss, Bernie Ecclestone has pleaded guilty to fraud for failing to declare more than £400million held in a Singapore trust to the Government after agreeing to pay the taxman more than £652million. Judge Simon Bryan gave Ecclestone a 17-month sentence suspended for two years, meaning he would only go…
Two key F1 players, businessman Ong Beng Seng and Singapore minister Iswaran, probed for graft