Sergio Cragnotti e Cesare Geronzi they were also convicted in the second degree for Cirio Crack: the former patron of the agri-food group to 8 years and 8 months in prison, the former president of the Banca di Roma and of Capitalia to 4 years. In both cases the disputed crime is bankruptcy due to embezzlement of funds.
The indictment of the Attorney General Gustavo De Marinis before the judges of the Court of Appeal of Rome dates almost a year ago, in May 2014. On that occasion, the magistrate asked for confirmation of the sentence issued in the first instance.
In substance, the judges of the Appeal satisfied the request of the Pg, serving only four months at Cragnotti for the prescription of the crime of preferential bankruptcy.
The indicted facts date back to 2003, when they were sent bonds in default for 1,125 billion euro, involving tens of thousands of savers.
The appeal judges also confirmed the acquittal of the former CEO of Banca Popolare di Lodi, Giampiero Fiorani, and of Cragnotti's wife, Flora Pizzichemi, "for not having committed the crime".
For Elisabetta and Massimo Cragnotti, Sergio's children, the judges declared the statute of limitations for the disputed crime, while for another son, Andrea, the sentence was 2 years and 4 months (it was 4 years in the first degree).
Cragnotti's son-in-law, Filippo Fucile (previously 3 years and 10 months) was also sentenced to 4 years and 6 months.
