11 December 2006

TAR of Lazio and Autostrade

TAR of Lazio has turned down Autostrade’s suspension request relating to the measures taken by Anas on 5 August earlier this year.
Autostrade and the concessionaires in general must now take note of the fact that the new regulations introduced with the Finance Law do not change the rules but impose greater transparency to protect the citizens and the State.
Taking the case to the European Union and to the TAR has been instrumental and has produced results which were the opposite of those expected by Autostrade and by some of their political allies.
TAR of Lazio has furthermore turned down the application by Autostrade against the freezing of the maxi-dividend of 2,100,000,000 Euro in the absence of committed funds for the engineering works that have not been carried out and surprisingly of a value equal to about 2,000,000,000 Euro.
The interests of the public cannot be made subordinate to those of private individuals or companies. I hope that after the TAR’s decision, that the counter-positioning of the concessionaires will stop and that they will no longer consider maximum profits to be their top priority.

Posted by Antonio Di Pietro in Economy