Venerdì, 19 Ottobre 2018
ROME

Berlusconi appeal fails to overturn 541-million-euro damages

English
© ANSA

(updates previous)
Rome, September 17 - Italy's supreme Court of
Cassation on Tuesday rejected an appeal by Silvio Berlusconi's
holding company Fininvest against a huge damages payout over the
bribing of a judge in the takeover of publisher Mondadori.
As a result, the damages of around 541 million euros to
rival Carlo De Benedetti's company CIR remains.
The damages are related to Fininvest allegedly having
wrested control of Italy's Mondadori publishing company from CIR
during a takeover battle through unacceptable means in 1990.
The original ruling dates back to October 2009, when a
judge ruled Berlusconi as sharing responsibility for having
bribed the judge during the takeover battle.
A subsequent appeals court had cut the original
750-million-euro damages by a quarter.

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