were under investigation in relation to the derivative losses
scandal that hit the lessor in 2007 have been found guilty, while
investigations are still undergoing for the others.
and 32 months and to pay a sum in damages.
Investigations are still undergoing for the other people
involved, including Massimo Faenza, the leasing company’s former
CEO, who resigned in June 2007 after it emerged the firm faced
losses of at least €400 million.
Prosecutors have also rejected the request of Claudio Calza, one
of the brokers involved in the case, to obtain a plea bargain for a
16 month sentence and the repayment of €3.5 million.
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The former management team was accused in December last year of
criminal organisation and fraud concerning the derivative market,
and of having stolen at least €25 million from Italease.
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