` President of ` Bayern Munich ‘ Football Club gets `Three Years Six Months ‘ in Jail for Tax Evasion ‘

#AceFinanceNews President of football club Bayern Munich gets three years and six months in jail for tax evasion.

The verdict was handed down by the court in Munich, where the case considered.

According to prosecutors Hoeness had concealed from the state 27,2 million euros. The prosecution asked the court to impose a prison term of five and a half years.

As mitigating circumstances, the court admitted the president of the football club made out acknowledgement of guilt in January last year.

At the same time he had never brought criminal action against before and he fully admitted his guilt.

However the prosecutor Achim von Engel pointed out that confession was not completed and kept not completed data:
In addition, the first day on Monday Hoeness said that he had concealed 18,5 million euros. But then, the prosecution presented completed data, where was already 27,2 million euros.

Hoeness will leave the Presidency of the FC Bayern Munich, one of the most famous clubs in the country.

Reuters – AFP – AP – News Sources

#AFN2014

#afp, #ap, #fc-bayern-munich, #hoeness, #munich, #reuters