Germany: Bayern Munich president jailed

Published Mar 14, 2014

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A German court has convicted Uli Hoeness of tax evasion yesterday and sentenced the ex-soccer manager who turned Bayern Munich into one of the world’s most successful clubs to three-and-a-half years in jail. Prosecutors had argued that Hoeness’s voluntary disclosure – that he had failed to pay taxes – was incomplete and thus did not meet a vital requirement needed for amnesty under German tax laws designed to encourage tax evaders to come clean. Hoeness has admitted he evaded e27.2 million (R408m) in taxes on income earned in secret Swiss bank accounts but the soccer manager was hoping for leniency. – Reuters

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