BREAKING NEWS

Prosecutors seek jail for Berlusconi in Mediaset trial

MILAN - Italian prosecutors asked a court on Monday to sentence former prime minister Silvio Berlusconi to three years and eight months in jail on fraud charges in connection with the purchase of broadcasting rights by his Mediaset television company.
Prosecutors also asked in a public hearing for a jail sentence of three years and four months for Mediaset chairman Fedele Confalonieri.
Berlusconi and other executives at Mediaset are accused of inflating the price paid for acquiring television rights via offshore companies controlled by Berlusconi, skimming off part of the sum declared to create illegal slush funds.
"The slush funds bear the fingerprints of Berlusconi," said prosecutor Fabio De Pasquale in his accusatory speech.
Berlusconi and all other defendants in the trial have denied the accusations.