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Mar 11, 2014

Uli Hoeness 'dodged more taxes'

MUNICH -- Bayern Munich president Uli Hoeness may have evaded even more taxes than the 18.5 million euros ($25.7 million) he admitted to in court, an expert witness testified on Tuesday.

Hoeness' trial has been the focus of media scrutiny in Germany.
An investigator estimated Uli Hoeness owes 23.7 million euros in taxes.

Schaaf: Another record broken

A tax fraud investigator told the Munich state court that she estimates Hoeness owes at least 23.7 million euros ($32.82 million) in taxes he avoided through an undeclared Swiss bank account, the dpa news agency reported.

The investigator was heard as a witness because she has been tasked with examining 70,000 pages of documentation recently submitted by Hoeness' defence team.

A verdict had been expected on Thursday but the court said more hearings might be scheduled to hear further witnesses.

Prosecutors had originally charged Hoeness with evading 3.5 million euros in taxes, but he admitted to much more on Monday, saying he wanted all facts "transparently on the table."

Hoeness faces punishment ranging from a fine to 10 years in prison if found guilty, and judges could consider his confession a mitigating factor in deciding the sentence.

The 62-year-old, who was part of West Germany's 1974 World Cup-winning squad, reported himself to the authorities last year.

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