BASEL: Switzerland”s attorney general”s office said Sunday it had unblocked accounts holding some $140 million, which were frozen more than a decade ago to assist Italy in a tax fraud probe of the Mediaset broadcaster.
A decision by Milan”s top appeals court earlier this month to overturn 18-month prison sentences handed to Mediaset chairman Fedele Confalonieri and its chief Pier Silvio Berlusconi led to the unblocking, Andre Marty, spokesman for the office of the attorney general (OAG), told AFP in an email.
Pier is the son of Italy”s legendary former prime minister and Mediaset founder Silvio Berlusconi. “The legal assistance procedure which began on May 24, 2002… has been concluded,” said Marty.
In March, a lower appeals court hit the executives with jail terms for tax fraud linked to broadcasting rights, but the higher court ruled this had not been proven.
