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Last updated: September 17. 2013 10:36AM - 168 Views
Associated Press



FILE - This Aug. 2, 2013 file photo shows former Italian Premier Silvio Berlusconi waving to reporters after attending a meeting with the People of Freedom party's lawmakers at the Lower Chamber in Rome. An Italian parliamentary committee begins debating Monday, Sept. 9, 2013 whether ex-Premier Berlusconi should be stripped of his Senate seat following his conviction for tax fraud. Berlusconi has already threatened to bring down Premier Enrico Letta's unusual left-right government if the Senate committee votes to kick him out of parliament. His People of Freedom party is a crucial part of Letta's coalition.  (AP Photo/Riccardo De Luca, file)
FILE - This Aug. 2, 2013 file photo shows former Italian Premier Silvio Berlusconi waving to reporters after attending a meeting with the People of Freedom party's lawmakers at the Lower Chamber in Rome. An Italian parliamentary committee begins debating Monday, Sept. 9, 2013 whether ex-Premier Berlusconi should be stripped of his Senate seat following his conviction for tax fraud. Berlusconi has already threatened to bring down Premier Enrico Letta's unusual left-right government if the Senate committee votes to kick him out of parliament. His People of Freedom party is a crucial part of Letta's coalition. (AP Photo/Riccardo De Luca, file)
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(AP) Italy's highest court has upheld a ruling that Silvio Berlusconi's family investment company must pay a huge fine for corruption, but gave it a slight discount on the half a billion euro judgment.


The Court of Cassation on Tuesday rejected most of Fininvest's objections to lower courts' rulings against it for corruption in the purchase of the Mondadori publishing house, a key step in the creation of Berlusconi's media empire in the 1990s.


An appeals court had awarded a rival media company 564 million euros down from an initial 750 million euros. But the high court lowered damages to 541 million euros ($722 million).


Berlusconi is fighting efforts in the Senate to remove him from office after his tax fraud conviction, threatening the stability of Italy's uneasy coalition government.


Associated Press
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