Berlusconi prosecutor argues for jail time

Mediaset mogul facing 44-month sentence in fraud case

ROME

An Italian prosecutor on Monday asked a Milan court to sentence Silvio Berlusconi to 44 months in jail on fraud charges connected to multimillion-dollar Hollywood deals inked by his Mediaset TV empire.

Prosecutor Fabio De Pasquale also asked that Mediaset chairman Fedele Confalonieri be sentenced to 40 months jail in the case. A ruling is not expected until after summer.

The trial stems from a reported €470 million ($678 million) in movie rights purchased by Mediaset through offshore companies during the 1990s to allegedly evade taxes and create a slush fund.

Berlusconi and Confalonieri have denied the charges.

De Pasquale claimed in court that he had unquestionable proof of Berlusconi’s involvement in a slew of sales at inflated prices from studios including Paramount and Fox as well as other commercial transactions involving some 3,000 titles. The prosecutor added that auditor KPMG has acted as financial consultant on the matter to the Milan court.

Berlusconi, who stepped down as prime minister in November, is also on trial for allegedly paying for sex with an underage prostitute, a charge he denies.

Filed Under:

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Film News from Variety

Loading