Indictments sought on Berlusconi for fraud
Milan prosecutors sought indictments against Premier Silvio Berlusconi and 12 others today on charges including tax fraud and embezzlement following a four-year investigation, Italian news reports said.
The prosecutors allege that Berlusconi-owned broadcaster Mediaset purchased TV rights for US movies before 1999 through two offshore companies and falsely declared the purchase costs to Italian tax authorities.
Berlusconi has denied the charges.
