Suspect in EU graft probe to cooperate with Belgian authorities - prosecutor

By Marine Strauss and Charlotte Van Campenhout

BRUSSELS – Belgium’s federal prosecutor stated on Tuesday that former Italian member of the European Parliament Pier Antonio Panzeri agreed to work with Belgian authorities over a cash-for-influence corruption scandal in change for a decreased sentence.

The prosecutor stated in a press release Panzeri signed a “repentance settlement”, the place he commits to make “substantial, revealing, truthful and full statements” about events concerned, and crimes dedicated, within the case.

Specifically, he'll inform investigators about how the operations have been carried out, the monetary preparations with different concerned nations, the monetary constructions that have been arrange, together with their stakeholders and advantages, the involvement of recognized and unknown individuals inside the investigation, together with the id of the people he admits to having bribed.

His sentence will embrace jail time, a tremendous and the confiscation of all belongings acquired, estimated at a million eruos ($1.08 million).

Prosecutors stated it's the second time in Belgian authorized historical past that these proceedings have resulted within the signing of a memorandum.

The European Parliament on Monday started a month-long process to waive immunity from prosecution for 2 lawmakers.

EU Parliament President Roberta Metsola informed the meeting in Strasbourg that Belgium had requested immunity be lifted for Italian Andrea Cozzolino and Belgian Marc Tarabella, each of the centre-left Socialists and Democrats.

Panzeri, Greek EU lawmaker Eva Kaili, together with two others are presently in Belgian custody dealing with expenses of corruption, cash laundering in relation to alleged funds from Qatar and Morocco.

($1 = 0.9260 euros)

Post a Comment

Previous Post Next Post