Uli Hoeness, the German football legend and chairman of triple champions, Bayern Munich said Friday he will not appeal his tax fraud jail sentence and resigned from his post as president of the club.
“Tax evasion was the mistake of my life,” the fallen football idol said in a statement. “I will face the consequences of this error.”
A Munich court had Thursday sentenced Hoeness, 62, to three and a half years in jail for major tax fraud in a trial that captivated football-obsessed Germany.
He was allowed to walk out of the courtroom on Friday after his lawyer had initially announced plans for an appeal.
Hoeness is now expected to start his jail term within a few weeks, Munich court spokeswoman Andrea Titz said. The prosecution has said it will consider next week whether to appeal the verdict, having pleaded for a longer term of five and a half years.
Hoeness admitted to hiding his wealth in secret Swiss bank accounts while obsessively “gambling” on stock and currency markets for years. The court found he had cheated the state out of 28.5 million euros ($39.5 million).
Hoeness said that “after discussions with my family, I have decided to accept the judgement of the District Court of Munich regarding my tax matter.
“I have instructed my lawyers not to appeal. This corresponds to my understanding of decency, conduct and personal responsibility.
“In addition, I resign with immediate effect from the offices of president of Bayern Munich and chairman of the supervisory board of Bayern Munich. I want to avert harm to my club.”-
*Big lesson for others
Pure German breed! Always quick to resign at any slightest fall! People with born with conscience! Good governance, good system. Nice u took that step and save ur club the shame! Hope others learn as well.
ReplyDeletePls not others,it shd be "hope our so called leaders n public office holders will learn,but they won't cos its their village person,or rather sentiment will come to play instead of dignity n or morality.I hail my naija people
DeleteAt least he has conscience to throw in the towel after conviction. That one no fit happen for my dear country, Infact the person will be contesting for the post from behind bars sef.
ReplyDeleteNigerians no dey resign .
ReplyDeleteI wish our leaders can learn from this even when they know they have failed they will still want to lobby to remain in power.It is well.
ReplyDelete