Prosecutors seek 5 years for Bayern Munich boss
March 14, 2014, 12:09 am TWN
MUNICH, Germany -- German prosecutors demanded five and a half years' jail Thursday for Bayern Munich boss Uli Hoeness for evading millions in taxes.
Prosecutor Achim von Engel sought the prison term for major tax fraud ahead of a verdict expected after 1300 GMT in a trial that has captivated football-obsessed Germany.
Hoeness, 62, has admitted to dodging 27.2 million euros (US$37.6 million) in taxes by hiding his wealth in Swiss bank accounts while obsessively “gambling” on stocks and currencies.