(Radiocor) Convince Salvatore Ligresti to five years' imprisonment and to pay a fine of 100 euros. This is the request formulated by the prosecutor of Milan Giordano Baggio at the end of the indictment of the trial for market manipulation of Premafin shares underway in the Milan court.
The requests for the other two defendants, Giancarlo de Filippo and Niccolo' Lucchini, are for a sentence of three years' imprisonment plus a fine of 63 euros each.
The trial concerns a series of transactions carried out by two foreign trusts on Premafin securities (the holding company through which the Ligresti family controlled Fondiaria-Sai), carried out in the period between 2 November 2009 and 16 September 2010, and which were allegedly aimed at keep the stock price of the company listed at the material time high.
