Bank wants Ecclestone’s bribe millions back

25 September, 2012

Bernie Ecclestone (GBR) F1 Supremo with Dr Gerhard Gribkowsky (GER) the majority shareholder of SLEC Holdings and Donald Mackenzie, Managing Partner of CVC Capital Partners. Formula One World Championship, Rd 1, Bahrain Grand Prix, Qualifying Day, Bahrain International Circuit, Bahrain, 11 March 2006. DIGITAL IMAGESep.25 (GMM) Jailed banker Gerhard Gribkowsky may not have made headlines for some time, but the Formula One corruption scandal is still making uncomfortable waves for Bernie Ecclestone.

The Suddeutsche newspaper reports that German bank and former F1 shareholder BayernLB is looking into whether it can recover millions from the sport’s chief executive.

The push for damages could follow Gribkowsky’s claim that Ecclestone only received millions in the form of a BayernLB commission as the direct result of bribery.

“We have requested access to the files,” a spokesman for the bank is quoted, referring to the prosecution’s case.

Suddeutsche said the damages could amount to EUR 41 million.

Briton Ecclestone’s lawyers have reportedly filed an application to block the request, leaving it to a Munich court to decide.

Subbed by AJN.

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One Response to Bank wants Ecclestone’s bribe millions back

  1. Kimi4WDC 25 September, 2012 at 2:25 pm

    Bank wants money back, now thats funny.

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