Ex-Formula One boss Bernie Ecclestone denies fraud chargeBy Henry Vaughan, PAEx-Formula One boss Bernie Ecclestone has denied fraud over an allegation he failed to declare more than £400 million (€460 million) held in a trust in Singapore to the British government. The 92-year-old appeared at London’s Southwark Crown Court on Tuesday wearing a dark suit and dark glasses, and was supported by his wife, Fabiana Flosi. He stood in the well of the court near his lawyers to confirm his name before entering a not guilty plea to a single count of fraud between July 13th, 2013, and October 5th, 2016. The billionaire faces trial at the same court on November 16th in front of UK High Court judge Mr Justice Bryan following an investigation by Britain's tax authority into his finances. The charge against him was authorised by the Crown Prosecution Service (CPS) in July last year following an investigation by HMRC, which said the probe had been “complex and worldwide”.

Source: Irish Independent June 06, 2023 14:11 UTC