Jun.28 (GMM) Gerhard Gribkowsky was on Wednesday sentenced to jail by a Munich court.
The guilty verdict could have serious implications for F1 chief executive Bernie Ecclestone, who admits to paying millions to the former BayernLB banker.Gribkowsky was sentenced to eight and a half years in jail for crimes including bribery, for the $44 million received from Ecclestone.In closing arguments earlier Wednesday, the German prosecutors described Ecclestone as an "accomplice", not a victim of extortion as claimed by the 81-year-old Briton.
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