15 bn euros of mafia wealth seized in Italy
Rome, June 12 (IANS/AKI) Around 15 billion euros (more than $18 billion) of assets have been impounded from the mafia since 2009, Italy's police chief said.
"We have got better at going after organised crime's money. We need to attack the mafia's most precious possession -- its financial assets," said Antonio Manganelli.
"In three years, we have confiscated and expropriated 15 billion euros from organised crime and nine billion euros in 2011 alone," he said.
Manganelli was speaking at a conference on international organised crime in the southern Italian city of Palermo.
Targeting the mafia's massive wealth is a new and smarter tactic compared to the past, when Italian anti-mafia operations focused chiefly on capturing fugitives, he said.
"We need to cut off their earnings," he stressed.
Read More: Italy | June Pargaon | June Mohide | Dindrood | Goverdhan Hiwara | Wangi | Mohkhed | Pohner | Pimpri Bk. | Rajegaon | Shirasdevi | Takarwan | Talkhed So | Warola | Waghora | Mategoan | June Belgaum | June Belda | B.s.city R.s. | B.s.city Plant
KIRTI AZAD TO NNIS : MEIYAPPAN, ON THE RUN TO FIND A ESCAPE ROUTE
May 23, 2013 at 10:31 PM
GoM CONDUCTS FIRST MEETING ON THE AUTONOMY OF CBI
May 23, 2013 at 10:16 PM
BJP CALLS FOR BCCI AND GOVT. TO TAKE STRONG ACTION
May 23, 2013 at 9:42 PM