Ex-minister jailed over F1 race track scandal

DPA/The Local
DPA/The Local - [email protected] • 16 Apr, 2014 Updated Wed 16 Apr 2014 16:37 CEST
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A former state finance minister was sentenced to three-and-a-half years in prison on Wednesday, having been found guilty of embezzling money in the scandal around the failed sale of the Nürburgring Formula One race track.

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Ex-finance minister of Rhineland-Palatinate Ingolf Deubel appeared in court in Koblenz on Wednesday, where the judge found him guilty of 14 counts of embezzlement in connection to the Nürburgring.

The track needed €330 million in 2009 to remain open. When bosses failed to find this from private investors, the state ended up footing the bill. State prosecutors accused Deubel of embezzling several hundred thousand euros as well as putting €12 million of taxpayers' money at risk.

Prosecutors were pushing for a four-year prison sentence.

Deubel has claimed innocence since the trial began in October 2012. His defence were calling for him to be let off.

SEE ALSO: Germans charge F1 boss with bribery



DPA/The Local 2014/04/16 16:37

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