Berlusconi firm fined 740m in bribery appeal for lying about income in 2011, Italy’s federal prosecutor said Thursday, adding it was Italy’s second biggest fine ever against a politician or party

Berlusconi firm fined 740m in bribery appeal for lying about income in 2011, Italy’s federal prosecutor said Thursday, adding it was Italy’s second biggest fine ever against a politician or party.

The state prosecutor’s office was investigating the role of party leader Silvio Berlusconi and his former treasurer, Salvatore Gabbana.

The case was set to g파라오 카지노o to trial but in the end, Berlusconi was cleared of wrongdoing, leading to the investigation being suspended. Gabbana was fined 10m euros ($11.25m) as well as 5,000 times his initial fine of 30,000 euros ($34,700) for failing to cooperate with investigators.

“With this judgment Italy has been on the right path,” Berlusconi said in a statement.

“This case demonstrates the important role of the public prosecutor and prosecutors for protecting the public interest and ensuring transparency in public life,” he added.

Silvio Berlusconi and Salvatore Gabbana in 2012. Reuters

Gabbana, who lost office in September, has denied any wrongdoing, while Berlusconi has not commented.

The verdict will likely have wider implications for the party, which was in power from 2004 to 2014, but dropped out of the governing coalition following Berlusconi’s resignation in September 2015 amid a scandal about illegal payoffs to public officials by high-level businessmen including po감성 마사지werful mayors.

Under Italian law, only people working in public service are allowed to contest election candidates. Gabbana and Berlusconi 제주출장안마were among dozens of officials investigated in recent months as part of an investigation called Project PM.