Saturday, July 8, 2006

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Rights TV: Berlusconi to trial and Confalonieri.

Rights TV: Berlusconi to trial and Confalonieri

indicted in the investigation into alleged fund created by Mediaset blacks with the sale of TV rights. This was decided by the judge for preliminary hearing Fabio Paparella

MILAN - Silvio Berlusconi and Fedele Confalonieri have been indicted in the investigation into alleged fund created by Mediaset blacks with the sale of TV rights. This was decided by the judge for preliminary hearing Fabio Paparella.

addition Berlusconi and Confalonieri, there are 11 other defendants (including the British lawyer David Mills) for crimes ranging from misappropriation, tax evasion, false accounting, receiving stolen goods and money laundering. The process, according to judicial sources said, will begin Nov. 21.

The facts regarding the sale of film and TV rights for 470 million euro to be issued by Fininvest, the holding company which owns Mediaset, through two offshore companies in the period 1994-1999. The hypothesis of charge is that U.S. companies have sold the TV rights to two offshore companies which were then resold them with a strong increase in prices to Mediaset to circumvent the Italian tax authorities and funds to create blacks.

7/7/2006

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