ROME (AFP) ??” The redemption specialist charged with saving Italian aliment giant Parmalat rejected an present by imprisoned founder Calisto Tanzi to yield personal assets to compensate for the billions missing from company accounts.

ROME (AFP) ??” The redemption specialist charged with saving Italian aliment giant Parmalat rejected an present by imprisoned founder Calisto Tanzi to yield personal assets to compensate for the billions missing from company accounts, pres reports said.

Enrico Bondi, who replaced Tanzi as head of the collapsed diary fruits maker, was also preparing for a plant of crunch meetings with bankers nearest week to obtain a liquidity injection to make secure Parmalat can stay in business.

He penurys 50-100 million euros (60-125 million dollars) in permanent funds to save the firm after the discovery of a massive opening in its accounts last month expos what could become the biggest financial fraud case in European history.

However Bondi, a highly defer toed corporate salvage expert, flatly throw asideed the offer of help from Tanzi, who has reportedly admitted embezzling about 500 million euro (630 million dollars) from the firm.

Tanzi, whose failed company has