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Charity transparency bill to set fines of up to 50,000 euros

Charity transparency bill to set fines of up to 50,000 euros

After Ferragni pandoro, Easter egg and doll 'fraud' cases

ROME, 23 January 2024, 19:48

ANSA English Desk

ANSACheck

- ALL RIGHTS RESERVED

-     ALL RIGHTS RESERVED
- ALL RIGHTS RESERVED

A bill mandating greater transparency in charity initiatives after influencer Chiara Ferragni was probed for fraud in relation to several alleged charity products she endorsed will set fines of up to 50,000 euros, according to a draft to be put to cabinet later this week.
    The antitrust authority would be in charge of levying the fines.
    The draft outlines an obligation to indicate on the products the purpose of the proceeds and the recipient of the charity, the amount or share intended for that purpose, and sanctions from 5,000 to 50,000 euro, with the possibility of suspending the activity for one year in the case of repeated violations.
    Premier Giorgia Meloni said Monday the government would frame a new charity transparency law in light of Ferragni's alleged fraud over a supposedly charity pandoro Christmas cake, Easter eggs and a girls' doll she endorsed while allegedly pocketing millions.
    Meloni told a Berlusconi channel that "we are making (a bill) so that in commercial activities with also a charitable purpose, on the packaging of what you sell you have to specify who the resources go to, what they go for, and how much is actually destined for charity".
    She said the Ferragni affair "has shown that there is a hole in terms of transparency in the regulation of commercial activities that also have a charitable purpose. "Whether wanted or not, one can now run into (the hole)." Ferragni, half of Italy's premier celebrity couple with rapper Fedez, denies wrongdoing.
   

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