Monaco, MC
light rain
7.3 ° C
9 °
5.6 °
12 °
14 °
13 °
16 °
16 °
Breaking News

Boy George makes world art debut in Monaco at G&M Design Gallery

Acquittals in long-running Odeon Tower case

Acquittals in long-running Odeon Tower case

By Staff Writer - January 25, 2017

IMG_5866No jail time will be served by any of the accused in the notorious “Clean Hands” case concerning corruption, fraud, and money laundering in the building of the Odeon Tower.

The criminal court in Marseille announced on Wednesday, January 25, that neither Gerard Spinelli, the long-serving mayor of Beausoleil, nor the Marzocco brothers, Paolo and Claudio, both Monaco residents, will be punished for their alleged roles in the scandal. All three were acquitted of the charges.

However, Lino Alberti, accused of being a middleman in another, separate case involving businesses in Saint-Jean-Cap-Ferrat, was sentenced to three years in jail, suspended, and fined €100,000. The two investigations together constituted the “Clean Hands” affair.

The trial was held last November in Marseille after taking more than seven years to come to court. Shortly after the criminal investigation was launched in 2009, Mr Spinelli spent several weeks in jail on suspicion of receiving €60,000 from the Marzocco brothers not to make too big an issue of the fact that the Odeon Tower –built on the border of his commune – would put a considerable part of Beausoleil into semi-permanent shadow.

After his acquittal on Wednesday, Mayor Spinelli said: “ It’s been seven years and two months that I’ve waited for this decision. Today, justice has been done.” He described the case as a “non-affair”. He also expressed the hope that the media would find the energy to report the facts in their duty to inform the public.

READ MORE: At last, “Clean Hands” court case starts
READ MORE: Tower case continues this week


Previous article‘Historique’ sets off from Scotland for Monte-Carlo
Next articleWed. March 1 – CREM Smiles; Drinks and Rhum Party


November 11, 2019 | Business & Finance

Hiroshima survivor shares story with Monaco

Stephanie Horsman

A rare survivor of the nuclear blast that effectively ended World War II in the Pacific has spoken to a group of mesmerised students and staff members at Lycée Albert I. Organised by the International Campaign to Abolish Nuclear Weapons (ICAN), The high school’s history and geography class were told the incredible and sad true […]

October 23, 2019 | Business & Finance

October is breast cancer awareness month

Stephanie Horsman

October has come to be known as ‘Pink October’ and many Monegasque organisations, as well as the government, are supporting the cause. Roughly two million women were diagnosed with breast cancer last year worldwide and of those an estimated 627,000 will die from the disease. That comes out to 15% of all cancer deaths for […]

October 22, 2019 | Business & Finance

Monaco Embassies in USA and Canada meet in Seattle

Cassandra Tanti

A joint meeting was held last week between the Monegasque Ambassador to the US and Honorary Consuls from nine major North American cities to discuss collaborative efforts for the next calendar year. Considered one of America’s greenest cities, Seattle was the setting for the confluence and attracted the Monaco representatives for its achievements regarding environmental […]

October 22, 2019 | Business & Finance

Tribute to Princess Grace

Cassandra Tanti

The Princess Grace Foundation-USA will be paying tribute to their namesake, Princess Grace of Monaco, during a special fundraising gala this November. The celebration will mark the 90th anniversary of the birth of the Hollywood icon and beloved Princess of Monaco. Known throughout the world as a humanitarian, philanthropist, and artist, Princess Grace was committed to […]