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Bayern president Hoeness on trial for tax evasion

Berlin: Bayern Munich President Uli Hoeness goes on trial Monday over a tax evasion case that could land the German footballing legend in prison.   Bavarian prosecutors filed charges against Hoeness last year after he reported
bayern president hoeness on trial for tax evasion...
India TV News Desk March 10, 2014 12:11 IST
Berlin: Bayern Munich President Uli Hoeness goes on trial Monday over a tax evasion case that could land the German footballing legend in prison.
   


Bavarian prosecutors filed charges against Hoeness last year after he reported himself to authorities for having a previously undeclared Swiss bank account.
   
Munich daily Sueddeutsche Zeitung, citing the still-secret indictment, reported last month that prosecutors believe Hoeness dodged paying up to 3.5 million euros ($4.9 million) in tax.
   
The Munich court will have to decide whether the 62-year-old's amended tax return entitles him to be let off with a fine and possibly a suspended sentence.
   
Otherwise the Bayern boss, who was part of Germany's 1974 World Cup-winning squad, could face up to 10 years in jail.
   
A verdict is expected by the end of the week.


 

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