Renato Soru, the founder of
Italian telecommunications group Tiscali, was cleared on appeal
of tax evasion by a Cagliari court on Monday.
The ruling overturns a three-year sentence handed down at the
first-instance trial to the MEP, a member of Premier Paolo
Gentiloni's Democratic Party (PD) and Sardinia governor from
2004 and 2008.
The court upheld a request from prosecutors for Soru to be
acquitted of three charges - on one count because the deed did
not amount to a crime and because the deed did not occur in two
others.
The case regarded a multi-million loan by Soru's Andalas Ldt
to Tiscali.
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