FORMER Formula One boss Bernie Ecclestone has arrived at court accused of failing to declare £400 million of overseas assets.
The billionaire, 91, was charged following a "complex and worldwide" probe by HM Revenue and Customs (HMRC) into his finances.
He is appearing at Southwark Crown Court today charged with fraud by false representation between 13 July 2013 and 5 October 2016.
Silver-haired Ecclestone, who turns 92 later this month, was pictured arriving at the court in a white Range Rover.
The business magnate allegedly failed to declare a trust in Singapore containing around $650million.
He is accused of disclosing "only a single trust" - one in favour of his daughters - to tax authorities.
Ecclestone also said he was not the beneficiary of any other trust in or outside the UK, it is said.
By doing so, heallegedly acted "with the intention of making a gain for yourself".
The tycoon, who has three grown-up daughters - Deborah, 67, Tamara, 38, and Petra, 33 - and a young son, Ace, was F1 chief for four decades from the 1970s.
He was removed from the position in January 2017.
