adminA new documentary claims HMRC did a secret deal with Bernie Ecclestone allowing him to settle a £2 billion tax dispute with a payment of £10 million. HMRC spent nine years investigating the tax affairs of the Formula One supremo and his family after he transferred a large portion of his assets to his then wife Slavica in 1996.
The money was later transferred into one of the Ecclestone family trusts based in Liechtenstein.
Ecclestone always denied having any control over the trusts, but admitted his tax liability would have been in excess of £2 billion if it could be shown he had some involvement in the funds.
It has now emerged that after splitting from his 6ft 2in second wife in 2009, Ecclestone has been receiving payments from her worth £60 million a year. The 83-year-old is currently on trial in Munich, accused of paying a £26 million bribe to a German banker to help safeguard his supremacy in F1 when the sport was sold in 2006. — Telegraph
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