Designers Domenico Dolce & Stefano Gabbana Sentenced To 18 Months In Jail For N223Bn Tax Fraud

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Popular Italian designers Domenico Dolce and Stefano Gabbana have been sentenced to 18 months in jail each after being found guilty of tax evasion.

An appeal court in Italy upheld a verdict issued last June against the pair on charges of using Luxembourg holding company Gado to avoid paying taxes on royalties of about 1billion euros (N233billion).

The designers – who have always denied any wrongdoing – said they would appeal the decision.

Lawyer Massimo Dinoia said: ‘I am speechless. We are all shocked. The judgement is inexplicable and we will appeal.

‘The prosecutor himself asked for them to be cleared.’

 

Wana

Wana

Quo non Ascendam. Writer.
E-mail: wana@360nobs.com

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