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League arrangement on fund seizures

600,000 euros of party money to be confiscated each year

Redazione Ansa

(ANSA) - Genoa, September 18 - Lawyers representing the League have agreed on an arrangement with prosecutors for the seizure of party funds related to convictions for fraud, sources said Tuesday.
    Under the arrangement, 100,000 euros will be confiscated every two months for a total of 600,000 euros a year. The seizure relates to convictions handed down to former League leader Umberto Bossi, former treasurer Francesco Belsito and three ex auditors who were found guilty of fraud against the State estimated at 49 million euros, between 2008 and 2010, for illicit electoral spending reimbursements. Interior Minister and Deputy Premier Matteo Salvini said that it would be a problem for Italian democracy if his party were unable to operate because all of its money was confiscated.
    The fraud dates back to before Salvini was elected leader of the rightwing group.
   

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