The 92-year-old pleaded guilty at Southwark Crown Court on Thursday.
Ex-Formula One boss Bernie Ecclestone has admitted fraud after failing to declare more than £400 million held in a trust in Singapore to the Government.
The 92-year-old said “I plead guilty” at Southwark Crown Court on Thursday while standing in the well of the court wearing a dark suit and grey tie. On July 7 2015, the billionaire failed to declare a trust in Singapore with a bank account containing around 650 million US dollars, worth about £400 million at the time.
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