India tour of Sri Lanka, 2017

Bayern Munich president sentenced to prison

MUNICH : Bayern Munich president Uli Hoeness has been found guilty of tax evasion and sentenced to 3 years, 6 months in prison.The 62-year-old Hoeness, one of the most powerful figures in German soccer, was
bayern munich president sentenced to prison -...
India TV News Desk 13 Mar 2014, 07:43 PM IST



MUNICH : Bayern Munich president Uli Hoeness has been found guilty of tax evasion and sentenced to 3 years, 6 months in prison.

The 62-year-old Hoeness, one of the most powerful figures in German soccer, was charged with dodging 3.5 million euros ($4.85 million) in taxes through an undeclared Swiss bank account.

When his trial opened Monday he admitted to avoiding 15 million euros more. Then it came out through an examination of documents he provided to investigators shortly before the trial that he owed 27.2 million euros in total.

German news agency dpa reported prosecutors demanded 5½ years and his defense was looking for a suspension of sentence on probation, arguing that he had turned himself in for tax evasion and provided details to the court.
 
 
 

Write a comment

 

More from sports