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Former Italian PM Berlusconi sentenced to 4 years jail for tax evasion

Milan, Oct 26: A court in Milan Friday convicted former Premier Silvio Berlusconi of tax fraud and sentenced the media mogul to four years in prison, his first prison sentence in years of criminal probes.

India TV News Desk Updated on: October 26, 2012 22:41 IST



Berlusconi, along with other defendants convicted in the case, must deposit a total of €10 million ($13 million) into a court-ordered fund appeals, which could take years, proceed.




Prosecutors alleged that the defendants were behind a scheme to purchase the rights to broadcast U.S. movies on Berlusconi's private TV networks in his Mediaset empire through a series of offshore companies and had falsely declared the payments to avoid taxes.

A total of 11 people were on trial.

Three were acquitted, including a close associate of Berlusconi, Fedele Confalonieri, chairman of Mediaset. Berlusconi and three others were convicted, including a Hollywood producer, Frank Agrama, who received a three-year sentence.

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