Advertisement

Berlusconi investigated for tax fraud in Ireland

Rosie Scammell
Rosie Scammell - [email protected]
Berlusconi investigated for tax fraud in Ireland
Silvio Berlusconi is being investigated for alleged tax fraud in Ireland. Photo: Alberto Pizzoli/AFP

Irish police are investigating an alleged €150,000 tax fraud by former Italian premier Silvio Berlusconi, the Irish Sun reported on Monday.

Advertisement

The probe is part of a wider investigation by Italian police into Berlusconi's financial transactions around the world, which are thought to total €500 million.

Berlusconi is understood to have used Ireland's economic boom, or 'Celtic Tiger', to stash the sums between 2005 and 2007.

An anonymous source told the Irish Sun: “He was in awe of the property boom here and the Italians suspect him of believing it was a great way to hide his cash.”

Authorities are examining whether a company registered in Dublin's International Financial Services Centre was used to transfer funds to offshore accounts in order to avoid paying tax in Italy.

Berlusconi is currently appealing a four-year sentence for tax evasion in Italy, related to broadcasting rights bought by his television network Mediaset.

More

Join the conversation in our comments section below. Share your own views and experience and if you have a question or suggestion for our journalists then email us at [email protected].
Please keep comments civil, constructive and on topic – and make sure to read our terms of use before getting involved.

Please log in to leave a comment.

See Also