Former Formula One boss Bernie Ecclestone has denied fraud over an alleged failure to declare to the Government more than £400 million in a trust in Singapore.
The 91-year-old was charged after a probe by HM Revenue and Customs (HMRC), which would have allowed the business magnate to draw a line under any previous tax irregularities, Westminster Magistrates' Court heard.
He is accused of failing to declare a trust in Singapore with a bank account containing around $650million US dollars.
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