Tuesday, December 02, 2008
BBC,
BBC,
Italian dairy boss, Calisto Tanzi, gets 10 years
The founder of Parmalat, Calisto Tanzi, has been sentenced to 10 years in prison for fraud relating to the collapse of the dairy group.
Tanzi was accused of manipulating the share price, hindering auditors and helping with false accounting.
Parmalat collapsed in 2003 with a 14bn euro ($20bn; £13bn) hole in its accounts in what remains Europe's biggest bankruptcy.
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Posted by Editor on 12/02/08 at 08:34 AM •
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