Bernie Ecclestone is not worried about bribery allegations in Germany

F1 boss sure of his innocence

By William Esler.   Last Updated: 03/01/13 12:10pm

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Bernie Ecclestone: Sure of his innocence

Bernie Ecclestone: Sure of his innocence

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Bernie Ecclestone insists he is not worried by investigations into the bribery of jailed German banker Gerhard Gribkowsky as he is sure of his innocence.

The F1 supremo admitted at the weekend that owners CVC Capital would be forced to get rid of him if he was jailed.

The investigation stems from claims by German state-owned bank, BayernLB, that bribes were paid to Gribkowsky to artificially lower the price of their stake in F1 ahead of CVC's purchase.

The bank feel they missed out on £300m during the sale and Gribkowsky was jailed for eight-and-a-half years in June after admitting he accepted £27m to sell the shares at a deflated value.

During the trial Ecclestone admitting paying the banker the money, but claimed it was to avoid a tax investigation in the UK and the 82-year-old does not expect to ever appear in court.

"I would be (worried) if I was guilty!" Ecclestone told Italian newspaper Corriere della Sera.

"But I'm not! Are they trying to entrap me? I don't know and I don't care! All I know is that people try anything when money is involved!

"It won't get to me appearing in court."

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