Saturday, October 27, 2012

Former Italian Prime Minister Bags 4-year Jail Sentence

Silvio Berlusconi, AC Milan president and former Italian Prime Minister, has been sentenced to a 4-year jail term for his part in a tax fraud scandal. The Milan supremo was jailed for failing to declare the payments made in the purchase of American movies for his company, Mediaset. The purchase was done via an offshore company, and the 76-year-old reportedly pocketed 250 million euros after licensing the movies.
Expectedly, his counsel will appeal the judgement. Silvio Berlusconi was Italy's Prime Minister 1994/95, 2001 to 2006, and 2008 to 2011.

Hmmmmmmm............ Will this ever happen in Nigeria?

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