Italian Prime Minister Silvio Berlusconi has been sentenced to 4 years in jail and suspended him from public service
for 3 years for tax fraud.
What are the charges
against Berlusconi?
Berlusconi and other people
involved in the case were accused of buying US film rights at inflated prices
via two offshore companies under his control. As per the prosecutors, that part of the money declared for
the purchase of film rights was skimmed off to make illegal slush funds,
cutting down tax liabilities for Berlusconi’s Mediaset group. Now all the convicts in the case
must deposit into a fund as appeals which could take many years in proceedings.
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