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In 2013, the senate expelled him because of a tax fraud conviction stemming from his media business, and he was banned from holding public office for six years. After he served a sentence of community service, a court ruled he could once again hold public office and he won a seat in the European Parliament in 2019. His third and last premiership ended abruptly in 2011, when financial markets lost confidence that the billionaire media magnate could manage Italy’s finances during Europe’s sovereign debt crisis.
