Former Italian governor jailed for graft

Image
IANS
Last Updated : Dec 22 2016 | 11:57 PM IST

Milan (Italy), Dec 22 (IANS/AKI) A lower court here on Thursday sentenced the former Lombardy regional Governor Roberto Formigoni to six years in prison and seized assets from him worth 6.6 million euros.

Formigoni was found guilty of favouring the Pavia-based Maugeri heath-care foundation specialising in rehabilitation, in exchange for payments of tens of millions of euros, luxury holidays abroad, dinners, the purchase of a Sardinian villa and exclusive use of three private yachts.

He was barred from holding public office for six years and ordered to pay three million euros in damages to the Lombardy region, where he served as Governor from 1995 until the end of 2012 when his entire scandal-hit administration resigned.

Among the assets impounded from Formigoni were 50 percent of a villa in Sardinia due to be handed back to Formigoni's close friend Alberto Perego, another defendant in the trial, who was acquitted on Thursday.

Prosecutors had asked for a nine-year jail term for Formigoni, who is currently a senator for the centrist NCD party of Italian Foreign Minister Angelino Alfano.

The Maugeri foundation paid 61 million euros in benefits for Formigoni between 1997 and 2011 via his friend and businessman Pierangelo Dacco and former executive regional councillor Antonio Simone, prosecutors said.

A further nine million euros was paid to Dacco and Simone between 2005 and 2006 including eight million euros of benefits for Formigoni, according to prosecutors. Formigoni in return authorised illicit healthcare reimbursements worth 200 million euros for the Maugeri fund, prosecutors allege.

Dacco was jailed for nine years and two months, Simone for eight years and eight months, the Maugeri foundation's ex-finance director Costantino Passerino for seven years and another businessman, Carlo Farina, for three years and four months.

Five defendants were cleared in the trial, which followed a probe that began in 2012.

Formigoni denies wrongdoing and claims he paid for holidays on a boat provided by Dacco.

--IANS/AKI

vd

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 22 2016 | 11:44 PM IST

Next Story