italy seizes assets worth €100m from mafialinked entrepreneur
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

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

Egypt Today, egypt today

Egypt Today, egypt 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.

egypttoday
egypttoday

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*

italy seizes assets worth €100m from mafialinked entrepreneur italy seizes assets worth €100m from mafialinked entrepreneur



GMT 10:07 2019 Monday ,19 August

Live a calm and distinctive atmosphere

GMT 09:51 2019 Monday ,19 August

Live a frustrating atmosphere in your career

GMT 11:48 2017 Thursday ,12 October

UK's Davis urges EU leaders to 'take step forward'

GMT 02:26 2017 Thursday ,02 March

Snapchat parent IPO to value social network at $24b

GMT 22:19 2012 Thursday ,28 June

Mercedes-Benz E63 AMG

GMT 11:46 2012 Thursday ,07 June

Jordanian drivers take on Lebanon’s Feghali

GMT 11:22 2012 Thursday ,27 September

Samsung fixes Galaxy phone vulnerability

GMT 20:51 2017 Monday ,19 June

Man dies during Umrah in Makkah
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday