Former F1 boss Ecclestone indicates not guilty plea to fraud charge: Report

Former F1 boss Ecclestone indicates not guilty plea to fraud charge: Report
Formula One F1 - Russian Grand Prix - Sochi Autodrom, Sochi, Russia, on Sept 27, 2019. Bernie Ecclestone during practice
PHOTO: Reuters

LONDON - Former Formula One supremo Bernie Ecclestone has indicated a not guilty plea to a charge of fraud over a failure to declare more than 400 million pounds (S$660 million) of overseas assets, Sky News reported on Monday (Aug 22).

Last month the Crown Prosecution Service said it had reviewed a file of evidence from the British tax authority and authorised a charge against Ecclestone, 91, of fraud by false representation. 

Appearing at London's Westminster Magistrates Court, Ecclestone confirmed his name, date of birth and address before indicating a not guilty plea, Sky reported.

The British billionaire was granted unconditional bail ahead of his next court appearance, at Southwark Crown Court on Sept 19.

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