Italian Judge OK's 17 Plea Bargains In Parmalat Trial

Law360, New York (February 20, 2007, 12:00 AM EST) -- An Italian judge reportedly approved 17 plea bargains Tuesday in the ongoing criminal fraud case resulting from the collapse of dairy giant Parmalat SpA. But prosecutors rejected one plea agreement offered by the company’s former CFO.

Parma Judge Domenico Truppa agreed to accept guilty pleas from several of the defendants in the case, including the son and daughter of Parmalat founder Calisto Tanzi, according to Dow Jones. However, Parma prosecutors rejected the plea agreement of Parmalat’s former chief financial officer, Fausto Tonna, stating that the proposed...
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