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Berlusconi linked accounts released

Local News // Oct. 24, 2016
Berlusconi linked accounts released

Switzerland has unfrozen the accounts of two people found innocent of money laundering in connection with a firm owned by Silvio Berlusconi. 

The Swiss attorney general's office released around $140 million to two individuals cleared of being part of a scheme involving illegal film rights and offshore funds.

A court in Rome found that Berlusconi's son and the chairman of his media conglomerate Mediaset were innocent of involvement in money laundering.

Their funds were among a number of accounts blocked by Swiss banks after the Milan prosecutor's office first sought help with the case 20 years ago.

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