The regional superior court in the southern city of Munich said the British billionaire had lived up to his side of the controversial deal to pay the sum by Tuesday in exchange for throwing out the case.
"After the payment of the agreed amount of $100 million to the recipients (the Bavarian state treasury and the German Children's Hospice Foundation), the court... ceased criminal proceedings" against Ecclestone, its spokeswoman said in a statement.
She added that the decision may not be appealed. Ecclestone went on trial in April accused of paying a $44-million bribe to a Bavarian state bank executive for help in maintaining his four-decade grip on Formula One.
A settlement is allowed in some German criminal cases if the prosecution, the aggrieved parties and the court agree, but the Ecclestone deal has stoked fierce criticism.
Media commentators blasted "cash-till justice" in which the wealthy can escape lengthy trials and "buy" their own form of justice.
The judges said they based their August 5 decision in the Ecclestone case on a determination that a conviction was unlikely given the evidence presented.
The $100 million accord is believed to be the largest of its kind in German history.
Ecclestone, 83, rejected criticism of the accord in an interview with Germany's top-selling Bild newspaper and praised the capitalist system.
"It's certainly a bit unfortunate to pay so much money," he was quoted as saying.
"But it's more unfortunate not to have the money."
http://timesofindia.indiatimes.com/followceleb.cms?alias=German court,Formula One,Bernie Ecclestone
Anda sedang membaca artikel tentang
Ecclestone has made $100m payment: German court
Dengan url
http://kacangajaibkedelai.blogspot.com/2014/08/ecclestone-has-made-100m-payment-german_13.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Ecclestone has made $100m payment: German court
namun jangan lupa untuk meletakkan link
Ecclestone has made $100m payment: German court
sebagai sumbernya
0 komentar:
Posting Komentar