Martedì, 16 Ottobre 2018
BOLOGNA

Fonsai asks Ligresti family for larger damages payout

English
© ANSA

Bologna, July 30 - Italian Insurance company Fonsai
is seeking another 32 million euro in damages from former
shareholders, the Ligresti family.
The demand approved Tuesday comes in addition to a 245
million euro payout approved in March.
Earlier this month, three members of the Ligresti family
were arrested on in relation to a probe into alleged fraud at
Fonsai.
They are suspected of false accounting and market
manipulation for alleged involvement in cooking the books to the
tune of 600 million euros in the 2010 balance sheet.
The Ligresti family are the former majority owners of the
Fonsai and Milano Assicurazioni insurance companies.
Shareholders voted in favour of the additional demands for
damages from the Ligresti family, in relation to what were
classified as involving ''minor operations''.
The bulk of those concern a real estate transaction in
Florence, the restructuring of a hotel in Madonna di Campiglio
and marketing contracts with the company Gilli.
Salvatore Ligresti, the family patriarch and former
honorary chairman of Fonsai, was recently put under house arrest
along with two former executives from the insurance company.

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