berlusconi firm to pay 560millioneuro fine
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Berlusconi firm to pay 560-million-euro fine

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Berlusconi firm to pay 560-million-euro fine

Milan - Afp

Prime Minister Silvio Berlusconi\'s Fininvest company will pay a court-ordered fine of 560 million euros ($793 million) to a rival media group but said Thursday it will also make a second appeal against the ruling. The damages were ordered in compensation for Fininvest having wrested control of the leading Mondadori publishing house from Compagnie Industriali Riunite (CIR) in 1990 after it bribed a judge to approve a company takeover. \"Following the sentence by Milan\'s appeal court on July 9 concerning the Mondadori affair, Fininvest has decided to pay the sum directly to CIR,\" the company said in a statement. \"The payment, which will be made before July 26, by no means implies the sentence has been accepted,\" it said, adding that the company \"will turn to the final court of appeal\" to challenge the order. The Milan appeals court had reduced by a quarter the original 750-million-euro ($1-billion) damages claim that a civil court had ordered the holding company to pay in October 2009. A judge ruled at the time that Berlusconi was \"co-responsible\" for the bribery of the judge who ruled in favour of Fininvest in the takeover battle. That judge was convicted of corruption in 2007 and sentenced to two years and nine months in prison. The Fininvest lawyer who bribed him was given a sentence of one year and six months. CIR\'s honorary president is Berlusconi rival Carlo de Benedetti. The group runs the weekly news magazine L\'Espresso and the left-leaning daily newspaper La Repubblica -- avid chroniclers of the premier\'s legal woes and sex scandals. The fine represents a major setback for Berlusconi. Days before the court pronounced its verdict, he had attempted to push through a controversial law proposal that would have suspended such fines pending a final ruling by the country\'s highest court. But the last-minute proposal, added to a wider package of austerity measures to be debated by parliament, was widely criticised as a bid to shield Fininvest and the premier was forced to withdraw it. Berlusconi cannot be prosecuted in the Mondadori case, as the facts were legally prescribed in 2001 -- meaning the period for legal action had expired.  

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

berlusconi firm to pay 560millioneuro fine berlusconi firm to pay 560millioneuro fine

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

berlusconi firm to pay 560millioneuro fine berlusconi firm to pay 560millioneuro fine

 



GMT 10:16 2016 Wednesday ,23 March

cartoon five

GMT 10:21 2016 Wednesday ,23 March

cartoon eleven

GMT 10:31 2014 Tuesday ,23 December

Mirages of failure: Lebanon cannot wait

GMT 22:47 2017 Wednesday ,21 June

Security forces hailed, terror blast condemned

GMT 11:29 2012 Saturday ,04 August

Amputee makes history

GMT 11:36 2012 Friday ,03 August

The Arab Spring and the Moroccan exception

GMT 17:54 2017 Tuesday ,28 November

US urges EU and Britain to pursue Brexit talks quickly

GMT 14:41 2017 Thursday ,14 December

Looking back on Dubai’s dazzling Modest Fashion Week

GMT 12:15 2017 Tuesday ,24 October

Angola's 'kizomba' dance mesmerises the world

GMT 14:36 2016 Thursday ,16 June

Taking livestock to summer pasture in Xinjiang

GMT 10:11 2017 Saturday ,07 January

Five dead in Fort Lauderdale airport shooting

GMT 06:11 2011 Tuesday ,04 October

Busan film festival to open

GMT 06:17 2015 Tuesday ,28 April

Middle East musical rise on display
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice