Bayern Munich Football Boss Confesses to €18,500,000 in Tax Evasion
Trial of Uli Hoeness at the Justice Palace in downtown Munich -- munichFOTO
Munich (MunichNOW News / dpa) - Uli Hoeness, the president of German football champions Bayern Munich, has confessed to having evaded a total of 18.5 million euros (25.7 million dollars) in taxes – more than five times the amount he has been charged with.
Defence lawyers have told the court in Munich that is trying the German football legend that, in addition to the 3.5 million euros in taxes he is suspected of having dodged, he has also failed to declare an additional 15 million euros in taxes due over the years.
“I have evaded taxes,” Hoeness has told judges. “I was hoping to escape criminal prosecution with a voluntary disclosure. I am glad that now everything is on the table.”
Related Stories:
July Festivals In and Around Munich- Smaller, Locally Produced "X-Games" Slated for Munich in 2014
Breaking: Jewelry Robbery in Broad Daylight on Maximilianstraße- From Hollywood to Bollywood – Filmfestival München Guests 2014
Posted in: News
Euro Converter
