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Crac Parmalat, Tonna returns to prison

He must serve over 8 years of final sentence

After more than 17 years of being arrested for the Parmalat crash, Fausto Tonna, former financial director of the group and at the time the right-hand man of Calisto Tanzi, returned to prison to serve his final sentences. It is the consequence of the order issued by the Public Prosecutor of Bologna after the Supreme Court which declared inadmissible the appeal on the sentence of the Bologna Court of Appeal of 19 December 2020, when the overall penalty for the former manager was defined in eight years, 11 months and 16 days, calculated continuously between three different processes, all linked to the Collecchio group: the crash, Parmatour and the Milanese trial for stock manipulation.

Arrested in December 2003, during the investigation he collaborated with the investigators, providing useful information to understand the financial tricks that had allowed the group to hide its state of insolvency.

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EFA News - European Food Agency
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