Giovedì, 18 Ottobre 2018
ROME

Ex-publisher Angelo Rizzoli arrested for bankruptcy fraud

English
© ANSA

Rome, February 14 - Former chairman of the Rizzoli
publishing empire (RCS), Angelo Rizzoli, was arrested on
Thursday in Rome for alleged fraudulent bankruptcy involving his
company Audiovisual Tiber (previously Rizzoli Audiovisual) of
which he was the sole director.
The ailing, 70-year-old entrepreneur and producer is
accused of a financial fraud worth some 30 million euros that he
allegedly ran through his four subsidiary production companies,
say Rome's tax police.
Angelo Rizzoli is the third generation of the historic and
troubled Rizzoli publishing family that was founded by his
grandfather in 1927.
In 1974, Italy's biggest-selling daily newspaper, Corriere
della Sera, was purchased by his family-controlled publishing
group and Angelo, known as 'Angelone' to distinguish him from
his grandfather, took over at the helm with other family members
in 1978.
Together with his brother Alberto and the paper's managing
director Bruno Tassan Din, he was implicated in a scandal
involving the P2 (Propaganda Due) masonic lodge and was arrested
for fraudulent bankruptcy in 1983.
They were eventually cleared of the charges, but the
Rizzoli publishing group that controlled Corriere passed out of
family hands in 1984.
Following Thursday's arrest, companies and real estate
assets worth some seven million euros were seized and two of
Rizzoli's homes were searched.
Investigators also included Rizzoli's wife, Melania De
Nichilo, in probes.
Melania De Nichilo is an MP in center-right leader Silvio
Berlusconi's People of Freedom (PdL) party.
Stefania Prestigiacomo, a minister in the previous
government of Berlusconi, alleged political motivations behind
the actions, with the arrest and probes coming just 10 days
ahead of national elections.
Rizzoli was transferred to Rome's Sandro Pertini hospital
after he was deemed physically unfit for prison due to multiple
health problems.
On Monday, he will be questioned by investigators.

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