Pirelli chairman Marco Tronchetti Provera has been sentenced to jail for twenty months.

The Financial Times reports that a Milan court found him guilty, but suspended his jail sentence, in an industrial espionage case involving Telecom Italia.

Provera, who denies the charges, was also ordered to pay € 900 000, ”I will appeal, [I am] convinced that the truth will emerge,” he said in a statement.

According to FT the trial was linked to a broader case of suspected industrial espionage and phone-tapping that led to the arrests in 2006 of 20 people, including Giuliano Tavaroli, a former head of security at Telecom Italia and Pirelli.

They were accused of operating a spy network that collected private information about many prominent Italians, including two prime ministers, Silvio Berlusconi and Romano Prodi. (GMM-Apex)

Marco Tronchetti Provera with Paul Hembery

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