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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

India TV News Desk [ Updated: March 10, 2014 12:11 IST ]
bayern president hoeness on trial for tax evasion
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 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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