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Fri Oct 26, 2012, 10:10 AM

Breaking: Italy's Berlesconi Sentenced to 4 Years in Jail (in Mediaset TV Rights Case) [View all]

Source: Sky News

Berlusconi Sentenced To Four Years In Jail

3:26pm UK, Friday 26 October 2012

Former Italian PM Silvio Berlusconi has been sentenced to four years in prison for tax fraud connected to his television channels.

An Italian court delivered the verdict on Friday against the former Italian leader and 10 others in a six-year-old tax fraud trial. He's also been barred from holding political office for three years.

In Italy, cases must pass two levels of appeal before the verdicts are final. Berlusconi is expected to appeal.

The verdict comes two days after Berlusconi, 76, announced he will not run for premier in upcoming elections.

During the trial prosecutors alleged the defendants were behind a scheme to purchase the rights to broadcast U.S. movies on Berlusconi's private television networks through a series of offshore companies and had falsely declared the payments to avoid taxes.

Read more: http://news.sky.com/story/1003189/berlusconi-sentenced-to-four-years-in-jail

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Reply Breaking: Italy's Berlesconi Sentenced to 4 Years in Jail (in Mediaset TV Rights Case) [View all]
Hissyspit Oct 2012 OP
JustAnotherGen Oct 2012 #1
dipsydoodle Oct 2012 #6
JustAnotherGen Oct 2012 #8
formercia Oct 2012 #9
JustAnotherGen Oct 2012 #11
davidpdx Oct 2012 #15
Jackpine Radical Oct 2012 #2
RussBLib Oct 2012 #3
dipsydoodle Oct 2012 #4
Ichingcarpenter Oct 2012 #7
CanonRay Oct 2012 #5
Mr.Turnip Oct 2012 #10
grahamhgreen Oct 2012 #12
Judi Lynn Oct 2012 #13
MADem Oct 2012 #14