«Accounts unreliable since 2016». The new papers of the investigation – Corriere.it

“Undoubtedly the presentation of unreliable balance sheetsas of at least 2016, has the emergence of a significant financial instability was delayed, still evident in the hands of Visibilia Editrice srl as at 30 June 2022». We don’t need the glass ball or who knows what indiscretions to predict in the coming weeks the drop point of the investigation that the Milan prosecutor’s office has been conducting since November 2022 on the Minister of Tourism, the senator of the Brothers of Italy, Daniela Santanchè, for the ‘hypothesis of false accounting in the 2016-2020 communications of Visibilia Editore spa, of which she was president from 2016 until 13 January before selling the shares.

Instead, just read the commentsjust filed by prosecutors in some of the collateral civil hearings, delivered on January 25 and May 3 by Bocconi professor Nicola Pecchiari, in response to the consultancy assignment entrusted to him by prosecutors Laura Pedio and Maria Gravina: “The conditions for a full write-down of goodwill of 3.8 million were already manifest as at 31 December 2016”, and «this write-down was avoided by the company on the basis of an “impairment test” appraisal based on an unrealistic industrial plan, without taking into consideration that already from 2014 the forecast data were never complied with in the final balance, and that the final of the three-year period clearly manifested the presence of an evident structural crisis of operating profitability».

If, therefore, it would not be surprising that Santanchè faced a “notice of conclusion of the investigation” for false accounting, the prognosis on the appeals with which the Public Prosecutor had asked the Bankruptcy section of the Court appears to be different the “judicial liquidation” of some group companies: here, in fact, in a series of civil hearings in progress (one, for example, next Wednesday) Santanchè has suddenly found robust capital injections which, together with repayment plans proposed to the tax authorities, they predict that the companies will avoid bankruptcy, and thus prevent Santanchè from being charged with bankruptcy.

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