Silvio Berlusconi’s daughter Marina, widely tipped to lead her father’s political party, has allegedly inherited his penchant for offshore accounts.
The allegations relate to a trust set up in Guernsey and a Bermuda property, Italian weekly l’Espresso reported.
The magazine alleges that on the eve of his wedding to Veronica Lario in 1990, Berlusconi instructed his lawyer to transfer funds to his children Marina and Pier Silvio Berlusconi.
“The aim was to channel a part of Silvio Berlusconi’s private assets to the children from his first marriage.
“He asked me to build two corporate vehicles for television rights and channel the profits to Marina and Pier Silvio. He wanted the structure to remain secret,” said British lawyer David Mills, quoted in l’Espresso.
A contract for the Guernsey-based trusts was drawn up by Mills and signed by Marina Berlusconi on December 14th 1990, the magazine said.
Mills’ comments were made in 2004, although only uncovered in the latest Mediaset tax trial, which saw Silvio Berlusconi convicted of tax fraud. Full story...
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The allegations relate to a trust set up in Guernsey and a Bermuda property, Italian weekly l’Espresso reported.
The magazine alleges that on the eve of his wedding to Veronica Lario in 1990, Berlusconi instructed his lawyer to transfer funds to his children Marina and Pier Silvio Berlusconi.
“The aim was to channel a part of Silvio Berlusconi’s private assets to the children from his first marriage.
“He asked me to build two corporate vehicles for television rights and channel the profits to Marina and Pier Silvio. He wanted the structure to remain secret,” said British lawyer David Mills, quoted in l’Espresso.
A contract for the Guernsey-based trusts was drawn up by Mills and signed by Marina Berlusconi on December 14th 1990, the magazine said.
Mills’ comments were made in 2004, although only uncovered in the latest Mediaset tax trial, which saw Silvio Berlusconi convicted of tax fraud. Full story...
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