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Italian court dropped charges against Berlusconi

January 31 2008

Italian court dropped charges against former prime minister Silvio Berlusconi's involvement in financial fraud in a case of food group SME. The court found no corpus delicti in the actions of Mr Berlusconi in the case.

The Case of the privatization of SME refers to events 20 years ago. In 1985, concern was sold to famous Italian entrepreneur Carlo De Benedetti in the privatization of the state holding company IRI. Sales bucked the then Prime Minister of Italy, Bettino Craxi, who claimed that the purchase of SME claim other candidates who are ready to pay a large sum. Among them was also holding Fininvest, owned by Berlusconi.

De Benedetti tried to solve this problem through the courts, but lost the case, and, according to prosecutors, not without the help of Mr Berlusconi and his staff, whom she accused of bribing Rome judges.

Over the past ten years against the former prime minister was initiated by a large number of criminal cases on corruption charges, secretly funding political parties and falsifying financial documents related to his numerous companies. However, none of them are guilty verdict handed down was not, according to RIA Novosti.

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