Arab Today, arab today italy seizes assets worth €100m from mafialinked entrepreneur
Last Updated : GMT 06:03:44
Arab Today, arab today
Arab Today, arab today

Italy seizes assets worth €100m from mafia-linked entrepreneur

Arab Today, arab today

Arab Today, arab today Italy seizes assets worth €100m from mafia-linked entrepreneur

Italian police
Rome - XINHUA

Police in Naples on Thursday seized assets worth more than 100 million euros (136 million U.S. dollars) from a local entrepreneur allegedly linked to a mafia clan, media reports said.
The entrepreneur, Alfonso Letizia, was defined by investigators as a "reference point" for the Casalesi clan, one of the most powerful groups within the Naples-based Camorra criminal organization.
Letizia's industrial group, which produced and sold concrete, was suspected to be "at the disposal" of the Casalesi clan, which in return was granting the entrepreneur a monopolistic market in the area, ANSA news agency said.
"The operation was very complex and precise," head of the Italian anti-mafia DIA unit Arturo De Felice told Rai state television.
As many as 81 plots of land and buildings, 29 cars and motorbikes, seven companies and dozens of bank accounts were among the seized assets, he said.
The 67-year-old entrepreneur had over time built an industrial empire, also engaging his sons and taking advantage of his relations with the Camorra to accumulate wealth, according to local reports.
Italian mafias have traditionally been engaged in a variety of criminal activities, but over the past few years they have increasingly invested their profits in the legal economy, often covered up by unlawful transactions and political connections.
Recent investigations have uncovered dozens of mafia-owned businesses in Italy's big cities, ringing the alarm bell that the clans have turned their hands to the power centers of Italy.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today italy seizes assets worth €100m from mafialinked entrepreneur Arab Today, arab today italy seizes assets worth €100m from mafialinked entrepreneur

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today italy seizes assets worth €100m from mafialinked entrepreneur Arab Today, arab today italy seizes assets worth €100m from mafialinked entrepreneur

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
Arab Today, arab today Sally Shaheen considers hosting a political show
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday