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A Milan court on Friday sentenced Silvio Berlusconi, three-time former Italian prime minister, to four years in prison for tax fraud.
Mr Berlusconi, 76, who has dominated Italian politics for two decades, was found guilty of using offshore companies to avoid taxes on the rights his television company Mediaset acquired for American movies.
Fedele Confalonieri, chairman of Mediaset, was found not guilty in the trial that concluded after six years.
Mr Berlusconi, who stepped down as prime minister in November in the wake of the financial crisis, said this week that he will not challenge for his former position at elections in the spring.
http://link.ft.com/r/LVA6WW/
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