(ANSA) - Milan, November 7 - Piergiorgio Peluso, son of
former justice minister Anna Maria Cancellieri, is being
investigated by Milan prosecutors in connection with the failure
of Imco, one of the holdings of the Ligresti family which at the
time controlled the Fonsai insurance group, officials said
Friday.
Peluso is being probed for fraudulent bankruptcy in
connection with the 2010 failure of Imco and parent company
Sinergia, whose restructuring entailed the transfer of 108.5
million euros of its debt onto the "none too sturdy shoulders"
of Imco, prosecutors said.
Peluso allegedly conspired to squander Imco's assets while
loading it with debt to the benefit of creditors UniCredit and
GE Capital, according to the prosecution.
Peluso under investigation in bankruptcy - update
Ex justice minister's son 'conspired to squander Imco assets'