has come the decision at first instance. Strictly we give account.
Callisto Tanzi, Parmalat's owner was sentenced to 18 years imprisonment. The crime of fraudulent bankruptcy.
As for the other defendants:
The former finance director Fausto Tonna was sentenced to 14 years. Giovanni Tanzi, Calisto's brother, was sentenced to 10 years and 6 months . Siligardi Luciano, a former member of the board, was sentenced to 6 years . Domenico Barili was sentenced to 8 years
Paul Sciumè was sentenced to five years and four months. Camillo Florini was sentenced to 5 years. The former chairman of Parmalat Venezuela Giovanni Bonici was sentenced to 5 years. Davide Fratta was sentenced to four years. Lucio Rosario Calogero was sentenced to five years and four months. Mario Mutti was sentenced to five years and four months. Henry Barachini was sentenced to four years. Giuliano Panizzi was sentenced to four years. Sergio Heir was sentenced to 1 year and 6 months. Fabio Branchi was sentenced to five years and four months. Instead Paul Compiani and Alfredo Gaetani were acquitted .
will have to compensate two billion euro to the new company and 5% of the nominal value of bonds to investors (about 30 million).
Now we will go to appeal.
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