The decision was taken by the second section of the Milan court, court presided over by judge Flores Tanga, in the courtroom set up in a pavilion at Fieramilanocity where some hearings are being held in this period for reasons of distancing. “We will read the reasons carefully and we will certainly appeal against a sentence that we consider wrong. We have always believed in the correct work of our clients”, the comment of the lawyer Adriano Raffaelli, one of the defenders of Profumo and Viola.
The court also imposed a fine of 2 and a half million each on the former leaders of MPS, who were on trial for the accusations of rigging and false corporate communications. Also requested for a five-year ban from public offices of Viola and Profumo and two years of interdiction from bargaining with the public administration and from representing companies. Profumo is currently at the top of Leonardo as CEO.
The former president of the board of statutory auditors, Paolo Salvadori, was also sentenced to 3 years and 6 months for false corporate communications. The bank – called into question by law 231 on the liability of entities – was inflicted a fine of 800 thousand euros with the payment of legal costs together with the other defendants.
Archiving request rejected for Profumo and Viola on Mps (and it’s the fifth time)
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The judges thus overturned the request of the Milan Public Prosecutor who had repeatedly asked for the dismissal – rejected by the Gip – and therefore the acquittal for all three defendants. In fact, the prosecutor Stefano Civardi he had asked for absolution “because the fact does not exist” for the crime of manipulation contested against Profumo and Viola and for that of false corporate communications contested to all the defendants for the 2012 financial statements and for the first half of 2015 and the acquittal “because the fact is not provided for by law as a crime “for contesting false corporate communications regarding the 2013 and 2014 financial statements. The managers were instead convicted of manipulation and false communications with respect to the 2015 half-year report, they were prescribed for the 2012 financial statements and” because the fact does not exist “for the 2013 and 2014 financial statements.
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Mps and pressure for the bad bank but the Treasury wants privatization
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The trial concerns the alleged incorrect representation in the accounts of the Alexandria and Santorini derivatives in the accounting documents ranging from 2012 to the first half of 2015. For the Milan prosecutor’s office, the derivatives were underwritten to cover a loss of 2 billion euros deriving from the purchase of Antonveneta.
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