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March 18, 2014

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Tainted Hoeness set for jail term

GERMAN prosecutors said yesterday they won’t appeal the tax fraud verdict against Uli Hoeness, former boss of powerhouse Bayern Munich, freeing the way for his jail term to begin.

Hoeness, 62, who spent four decades at the champion club, will in coming weeks start a three-and-a-half-year prison sentence handed down by a court last Thursday, which he has also said he will not contest.

The Bayern chief is currently due to serve his term in Landsberg prison in southern Bavaria state. That is the jail where Adolf Hitler wrote “Mein Kampf” while serving a sentence for treason after the failed 1923 Beer Hall Putsch uprising in Munich.

A Munich court sentenced Hoeness for having cheated the state out of 28.5 million euros (US$39.5 million) after a four-day trial that riveted Germany. He admitted to hiding his wealth in Swiss bank accounts while obsessively “gambling” on stock and currency markets.


 

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