Tower case continues this week

odeontowerSuspended prison sentences and fines have been called for by prosecutors in the Odeon Tower case. A total of eleven defendants are on trial in Marseille for corruption, tax fraud and money-laundering.

The developers, Claudio and Paolo Marzocco, face two years suspended and a fine of €100,000 each if found guilty of bribing Gerard Spinelli, mayor of Beausoleil, the French commune that borders the building. Prosecutors have called for three years suspended sentence for the mayor, plus a fine of €65,000 and three years of ineligibility for public office.

The trial is expected to finish by the end of this week. Odeon Tower was a hole in the ground at the time of the alleged offences, more than seven years ago. Now the finished building, the tallest in Monaco, stands 170 metres tall and has 49 floors. In addition to private luxury apartments and offices, the Tower is also home to several hundred Monegasques.