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Berlusconi, judicial storm for the sale of Milan? The Prosecutor denies, La Stampa confirms

The Milan public prosecutor's office has denied having opened a judicial inquiry into the sale of AC Milan to the Chinese due to suspicions about the enormous amount paid out and the financial flows that would have led to hypothesize the crime of money laundering - But "La Stampa" confirms its anticipations - The reflections on Berlusconi's electoral campaign and on the future of Milan.

Berlusconi, judicial storm for the sale of Milan? The Prosecutor denies, La Stampa confirms

Judicial tile or not for Silvio Berlusconi in the midst of the election campaign, who so far saw him with the wind in his sails? The Milan prosecutor's office, as La Stampa revealed this morning, would have opened an investigation in recent weeks into the alleged inflated sale and the hypothesis of money laundering in the transfer of Milan to the Chinese Yonghong Li.

In the middle of the day, however, the Chief Prosecutor of Milan, Francesco Greco, he flatly denied declaring that "at the moment there are no criminal proceedings relating to the sale of Ac Milan" but the Turin newspaper immediately replied, claiming, after repeated cross-checks, to confirm the scoop.

Berlusconi sold Milan in April last year for 740 million in two tranches, "an off-market amount paid through international channels” which, according to the investigative hypotheses of the Milanese magistrates attributed by "La Stampa" to the deputy prosecutor Fabio De Pasquale, would have served to "shield the return to Italy of a substantial sum".

The news of the judicial investigation hit the electoral campaign like a bomb, but in reality there have always been doubts and shadows about the sale of Milan and now it's up to the Milan prosecutor's office to ascertain how things really went after the suspicions fueled by the financial flows from Hong Kong and the real consistency of the Chinese buyer, whom the "New York Times" had already torn apart in recent months considering him " unknown in both Italy and China” and ridiculing its alleged mining activities.

All this will weigh on the already uncertain future of Milan, which will have a hard time finding new loans to repay the 300 million advance paid to Yonghong Li to the American fund Elliott. without which the transfer of ownership could never have taken place. But it will also weigh on the electoral campaign and on Berlusconi's political credibility, who is not new to trouble with justice, even if his lawyer Niccolò Ghedini, strengthened by the denial of the Greek prosecutor, has already threatened lawsuits against the newspapers that launched the news or presumed such.

For now, the Milan-Berlusconi case remains a detective story.

3 thoughts on "Berlusconi, judicial storm for the sale of Milan? The Prosecutor denies, La Stampa confirms"

  1. A journalist at the very least should have decent grammar
    "Berlusconi, not new to trouble with justice"
    ?? keep it up whoever the idiot who wrote the article is

    Reply
    1. It's a typo, grammar has little to do with it. Anyway thanks for reporting, we have corrected. A curiosity: to argue that Berlusconi has had more than one proceeding against him (apart from the outcome of the trials) is piddini or is it simply a trivial truth?

      Reply

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