Case Santanchè, what he did and what are the charges against the minister- Corriere.it

The political case involving Daniela Santanch, senator of FdI and minister of tourism, complete with a request for resignation by the opposition and tensions within the majority that led to the decision for a confrontation in Parliament scheduled for 5 July, was born from the journalistic investigation of the TV broadcast R
export on Rai3, which the public was able to see on June 19. An investigation that according to Santanch would be devoid of correspondence with the historical truth (…) with the aim of discrediting my image and reputation. In the service, the entrepreneurial activities of the Ki group (purchased in 2006 by Santanch together with his former partner Canio Mazzaro, a pharmaceutical entrepreneur) and Visibilia were called into question. What did these companies do? And what is Santanch accused of?

The Ki group node

Ki group, managed by the minister until 2022, deals with organic food. In the reconstruction of Reportsbetween 2018 and 2019 the payables to suppliers would have exceeded share of 8 million unbalanced with respect to balance sheet assets, to the point that it was preferred to create a new Ki group srl to concentrate the functioning company branches, leaving out the liabilities instead. Several suppliers would have found themselves in trouble at that point, with AT&T, for example, being induced to lease the Verde bio brand at very convenient values for Santanch. Reports tracked down people who worked for Ki group who are still waiting to receive severance indemnity (TFR), i.e. liquidation. Also according to the reconstruction of Report, they would also have emerged transactions judged to be non-transparent, like an apartment in Milan paid for 100,000 euros a year registered as a representative office. While at stock market values ​​the company collapsed from one capitalization of 35 million to 470 thousand eurosthe public prosecutor of Milan has turned on a light on corporate accounts and dynamics.

Visibilia activities

Santanch, as an entrepreneur, made headlines above all by investing paired with Flavio Briatore with the management, among other things, of the Twiga bathing establishment in Forte dei Marmi in Tuscany and then the Billionaire brand whose launch is linked to the Porto Cervo club in Sardinia. to the mid-2000s which dates back however interest in the field of communication business, when Santanch founded Visibilia Pubblicità with the aim of collecting advertisements on behalf of the newspapers, an activity which he subsequently ended, in favor of strictly editorial initiatives. This is how Visibilia publishing was born, later listed on the stock exchange, of which Santanch was the majority shareholder until his appointment to the Meloni government and president until January 2022.

The patrimonial dislocation

In 2013 he took over the magazine from Mondadori Villas and gardensin 2014 Professional computer And Ciakand therefore, after having bought the communication company Pms, in 2015 it bought the weeklies from Rcs Mediagroup View And Novella 2000then in a couple of years liquidated with the dismissal of journalists, together with the company Visibilia magazine which actually published them. TO Reports some former employees of the group have told of a person on zero-hour layoffs who in reality she continued to work because she had not been warned. Visibilia dealership established in 2019, without great results. Overall, Santanch’s publishing group fails to enjoy good health and in an attempt to remedy this, company branches are sold and debts are taken on externally, but the losses still increase. The financial imbalances will thus lead to significant financial instability and to the bankruptcy petition of Visibilia Editore.

Bankruptcy and false accounting

The trigger is given by some minority shareholders who are turning to the judiciary for fear that criminal irregularities have been committed or may be repeated. With the investigation by the public prosecutor of Milan the minister under investigation for bankruptcy and false accounting in communications 2016-2020. To cancel the hypothesis of bankruptcy been proposed to the Revenue Agency to pay 1.2 million over ten years, so as to revoke the bankruptcy of Visibilia srl, following the example of other group companies, whose debts have been repaid over time.

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