Feb.12 (GMM) An Italian court has imposed an 18 month prison sentence on former Renault boss Flavio Briatore.
Two years ago, the flamboyant Italian was convicted over a case surrounding tax evasion relating to his luxury yacht Force Blue.
Now, La Gazzetta dello Sport claims that with the prosecution pushing for a 4 year jail sentence, an appeals court in Genoa has instead imposed a one year and 6 month punishment for tax crimes.
Briatore and four others had been found guilty of using the yacht only recreationally, therefore dodging EUR 3.6 million in value-added tax by issuing fake invoices.
Force Blue was also confiscated.
Briatore’s lawyer said: “We take note of the judge’s decision and will appeal to the supreme court. We are convinced of Mr Briatore’s innocence.”
