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How much had to Bernie pay back for tax and penalties?

  • Over £500m

  • Nearly £653m

  • Just under £800m

  • Around £400m

Answer

Bernie Ecclestone, the former chief executive of Formula One, agreed to pay back nearly £653 million in tax and penalties to settle a German court case. The charges related to payments he made to a former banker at BayernLB so that the bank would provide loans to the Formula One Group. Ecclestone had previously been accused of bribery and corruption.
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