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Graft indictment sought for deputy Senate speaker

Maurizio Gasparri allegedly embezzled 600,000 euros

17 February, 14:37
Graft indictment sought for deputy Senate speaker (ANSA) - Rome, February 17 - Rome prosecutors on Monday requested the indictment of center-right MP Maurizio Gasparri on charges of embezzling 600,000 euros in public funds to take out a personal life insurance policy and cashing it in at a profit before returning the original amount.

Gasparri, the Senate whip for Silvio Berlusconi's Forza Italia (FI) party, allegedly used the funds to purchase the policy on March 22, 2012.

He redeemed the policy on February 1, 2013, for 610,697 euros, and returned the original amount to the Senate in two payments of 300,000 euros dated February 20 and and March 12 of last year, prosecutors said.

Gasparri, who is the deputy Senate speaker, has denied the graft charges.

He served as telecommunications minister in the 2001-2005 Berlusconi government.