A German court convicted Uli Hoeness of tax evasion on Thursday and sentenced the soccer manager who turned Bayern Munich into one of the world’s most successful clubs to three and 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.
The law was designed to encourage tax evaders to come clean.
Hoeness had admitted he evaded 27.2 million Euros in taxes on income earned in secret Swiss bank accounts.
But the 62-year-old soccer manager was hoping for leniency in one of the most closely watched tax evasion cases in German history.
The case hinged on the question whether Hoeness, who as a player helped West Germany win the 1974 World Cup, fully cooperated with his voluntary disclosure.
It shocked the nation and prompted thousands of tax dodgers to turn themselves in.
Reuters/NAN.
Trending
- How FRSC reduced Road Traffic Crashes by 42% – Corps Marshal
- FCCPC uncovers prices in Yen as it grills Chinese supermarket owners + Photos
- Reporters detained for airing music, taking calls from girls
- German police arrest 11 Nigerians laundering money made from dating scam
- Fernandes digs Man U out of hole in win over Sheff United
- Akintoye to Afenifere: Yoruba wants self-determination, not restructuring
- Naira loses 0.64% against dollar at official market
- Re-examining Patriarchy, Faith: Domestic violence, faith integration in Nigeria, by Michael Olatunbosun