Bernie Ecclestone denies tax rip-off

Former Formula One boss Bernie Ecclestone has denied hiding more than £400m from the taxman. Ecclestone, 92, falsely claimed he had only set up a single trust for his daughters in an alleged failure to declare overseas assets to the taxman, it is said. According to the charge, Ecclestone, who has three daughters, Deborah, 67, Tamara, 38, and Petra, 33, made a false representation, namely ‘he established only a single trust, that being one in favour of your daughters’. Former…