Fonsai: court of Turin condemnation Salvatore Ligresti 6-years – 3- – Corriere della Sera

17:35 (Il Sole 24 Ore Radiocor Plus) – Turin, 11-oct – Salvatore and Jonella Ligresti and Fausto Marchionni were sentenced also to the disqualification from public office, the ban from holding executive offices of legal persons and companies, and the inability to negotiate with the government for two years and to ban the legal period of duration of the penalty. Furthermore, the court has established that the accused, the condemned should compensate the civil parties, of which it was recognized the damage, including nearly 2 thousand former shareholders, Consob and Mediobanca – civil, jointly and severally with the Unipol and Reconta Ernst&Young. The reasons for the judgment will be published within 90 days. The court has also disposed, which remains under seizure as already seized in the course of the investigation to the defendants. To the public prosecutor of Turin, the holder of the prosecution, in the course of the previous management of Fondiaria-Sai (the company subsequently merged into UnipolSai), the former directors would have falsified the budget for 2010 in the part regarding the reserve for outstanding claims, sottostimandola, and causing a total loss to shareholders of approximately 250 million euros. The process arrived today to the first degree sentence was started in December of 2013 with the immediate, that is, by skipping the preliminary hearing. The proceedings arose from an investigation by the public prosecutor of Turin, which led to the issuance of an order of arrest (in jail and under house arrest depending on the case) for Salvatore Ligresti, the children Jonella, Julia, and Joachim Paul (towards the latter never performed as a swiss citizen), and the former manager of the Fonsai Fausto Marchionni, Antonio Talarico and Emanuele Grass. In September 2013 Giulia Ligresti had bargained a sentence of two years and eight months, defining his position. Grass, the former ceo after the Break, he asked to settle a penalty of three years with a fine of around 200 thousand euros, and the decision on this instance will be taken on the 25th of October next. In the meantime, the Gup of Turin Paola Boemio, in the course of the ordinary rite, excerpt from’ the positions of Paolo Ligresti, and the other two suspects, the actuary Fulvio Gismondi, and the former leader of Fonsai Piergiorgio Begogni and forward to Milan for territorial jurisdiction, and three were acquitted by the accusations of false accounting, market manipulation, and (only Gismondi) of false ideology. The Gup of Turin Paola Boemio, in addition, he also fulfilled in the process with abbreviated, with the formula “for not having committed the fact” that the three former mayors of the insurance company Benito Giovanni Marino Marco Spadacino and Antonio D’ambrosio, accused of competition in the fake in the financial statements. Fla- (RADIOCOR) 11-10-16 17:35:51 (0478) 5