Thursday, 13 March 2014

Bayern Munich president Hoeness sentenced to three-and-a-half years in prison for tax evasion

Bayern Munich president Hoeness sentenced to three-and-a-half years in prison for tax evasion

The 62-year-old had admitted to owing approximately €18.5 million in taxes through an undisclosed bank account but had hoped to avoid jail time

Bayern Munich president Uli Hoeness has been sentenced to three-and-a-half years in prison for tax evasion.

The 62-year-old had admitted to owing approximately €18.5 million in taxes through an undisclosed bank account but his defence team had hoped that he would only be given a probationary sentence.

However, the prosecution team demanded that Hoeness be sentenced to five-and-a-half years for failing to properly declare an income of €33m between 2003 and 2009.

Ultimately, the judge ruled that the former West Germany international will have to serve three-and-a-half years behind bars.

Under German law, Hoeness could have escaped prosecution by successfully filing a voluntary disclosure but when he did so last year, it was rejected as the documents were incorrect or incomplete.

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