Eight convictions and five acquittals have been handed down in the trial over the criminal association linked to Banca Cis. As reported by San Marino RTV, Law Commissioner Isabella Pasini confirmed the existence of the criminal association, though she ruled that the involvement of some defendants had not been proven.
The heaviest overall sentence went to Francesco Confuorti: eight years in prison, resulting from the combined penalties for criminal association and money laundering. He was also barred from holding public office for five years and fined €40,000.
Former CEO Daniele Guidi was sentenced to five years and six months, with a five-year ban from public office. Former majority shareholder Marino Grandoni received a four-year sentence, along with a four-year ban from public office.
Four years and four months each were handed to Lorenzo Savorelli, Roberto Moretti, Filippo Siotto and Ugo Granata, all of whom previously held senior positions or roles within the Central Bank’s supervisory bodies, together with a four-year ban from public office. Former Law Commissioner Alberto Buriani was sentenced to four years and two months, plus a four-year ban from public office.
Wafik Grais, Mirella Sommella, Raffaele Mazzeo and Emilio Gianatti were acquitted for insufficient evidence of guilt. Marco Mularoni was acquitted on the grounds that he did not commit the act.
On the money laundering count, Louise Manzon Confuorti, Rosa Confuorti and Okaue Chio were each sentenced to four years and two months, along with a fine of €6,000 and an eighteen-month ban from public office.
