News of Bahrain
World8 July 20152 min read

Italian police seize 1.6 bn euros in assets from mafia family

Italy Italian authorities said Wednesday they had seized assets worth more than 1.6 billion euros ($1.75 billion) from a family of five Sicilian pensioners believed to have links to a prominent mafia clan. The huge sweep of businesses, property and bank accounts "represents, in t

Editorial Team Legacy

Published 8 July 2015, 8:00 · Updated 22:12

Link copied
Italian police seize 1.6 bn euros in assets from mafia family

Italy

Italian authorities said Wednesday they had seized assets worth more than 1.6 billion euros ($1.75 billion) from a family of five Sicilian pensioners believed to have links to a prominent mafia clan.

The huge sweep of businesses, property and bank accounts "represents, in total value, one of the biggest seizures ever made", the anti-mafia department (DIA) said. The haul belonged to Carmelo Virga, 66, his brothers Vincenzo, 78, and 71-year-old Francesco, and their sisters Anna, 76, and Rosa, 68.

The operation in Palermo was aimed at "known entrepreneurs from the Palermo area who belong to the Marineo mafia family, linked to the Corleone clan," the DIA said. "Complex investigations have uncovered how the Virgas have benefited from the backing of the Cosa Nostra in the bidding for these works and public tenders in the construction sector," the DIA said.

The family "succeeded over time in developing and imposing their group of companies, by using the method known as 'Siino', which consists of organising cartels of entrepreneurs with a view to the 'directed' bidding for public tenders." RaiNews reported that the family were all farm hands in the 1980s before becoming millionaires.

Join the conversation

Sign in to leave a comment. Every comment is reviewed before it goes live.

No comments yet. Start the conversation.