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Volare: financial judicial inquiry is proceeding

Milan, Italy - Salvatore Ligresti's evidence

The inquiry of Busto Arsizio prosecutor’s office, aimed to make clear the economic situation of Volare Group, is proceeding in order to explain the EUR 500m cash deficit. So last morning Salvatore Ligresti, a Volare’s shareholder, has been interrogated to spell out details concerning the operation carried out last March to accomplish EUR 80m capital rising: Fondo Tricolore provided EUR 20m as well as...

AVIONEWS - World Aeronautical Press Agency - 116831
Rome, Italy, 03/22/2005 12:35
AVIONEWS - World Aeronautical Press Agency

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