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Italy judge acquits Autostrade CEO in 2013 motorway accident case

Published 01/11/2019, 06:38 AM
Updated 01/11/2019, 06:40 AM
© Reuters. Autostrade per l'Italia CEO Castellucci speaks at news conference in Genoa
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MILAN/ROME (Reuters) - An Italian judge on Friday acquitted Autostrade per l'Italia CEO Giovanni Castellucci in a case regarding a 2013 accident that killed 40 people on a motorway run by the company.

Prosecutors had asked for a jail sentence of 10 years for Castellucci, who is also chief executive of Benetton-controlled infrastructure group Atlantia (MI:ATL).

Castellucci has already said he will be stepping down as CEO of Autostrade after a 13-year tenure.

The 59-year old manager is also under investigation for multiple manslaughter after a bridge operated by the company collapsed in Genoa in August, killing 43 people.

After the Genoa disaster, the Italian government blamed Autostrade for poor maintenance of the viaduct and threatened to revoke all of Autostrade's motorway concessions in the country.

© Reuters. Autostrade per l'Italia CEO Castellucci speaks at news conference in Genoa

The company, which runs 3,000 km of toll roads across Italy, generates more than 60 percent of Atlantia's core earnings.

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