THE DIREZIONE INVESTIGATIVA ANTIMAFIA CONFISCATES ASSETS FOR OVER 4 MILLION EUROS LINKED TO AN ENTREPRENEUR CLOSE TO THE ‘NDRANGHETA

The Direzione Investigativa Antimafia, a directorate within the Department of Public Security, carried out a final confiscation order, issued by the Appeals Court in Bologna upon request of the Public Prosecutor in Bologna against some family members of an entrepreneur operating in the construction sector, born in Cutro.

The District Prosecutor’s Office in Bologna had already issued a final preventive measure of first instance against the convicted person. The affected subject was accused in the framework of Operation AEMILIA (not yet convicted in a final judgment) as he allegedly made business with a ‘ndrangheta group from Cutro, operating in Reggio Emilia, Parma, Modena and Piacenza. In April 2012, a confiscation decree ordered the confiscation of his assets for over 10 million euros.

With reference to this event, also a personal special surveillance measure of public security was ordered, banning him from living in the town of residence for 5 years.

The checks, carried out by the DIA, upon proxy of the District Prosecutor’s Office in Bologna, established a gross disproportion between his declared income and the assets available to him, also placed in the names of family members.

The last order, issued by the Appeals Court in Bologna, finally confiscates the part of the assets available to the entrepreneur but registered in the name of family members and comprising 3 companies, 11 immovables (a small luxury villa in the province of Parma and 2 plots of land in the province of Crotone) ,  3 financial assets totalling over 4 million euros.

The remaining part of the property (directly registered in the name of the entrepreneur from Cutro) is now subject to an appeal filed at the Supreme Court of Cassation.

The assets confiscated from third parties, finally now in State property, will be managed by the National Agency for the Administration and Destination of Assets Seized and Confiscated from Organized Crime.

Today’s result is the outcome of institutional activities aimed at recovering illegal assets directly or indirectly linked to mafia-type crime, thus protecting and safeguarding the healthy part of the national economic tissue.

Mrs Lucia Musti, the acting General Prosecutor in Bologna, authorized this press release in accordance with  articles 5 and 6  Legislative Decree no. 106/2006 as amended by L.ve Decree 8.11.2021 no. 188.

Bologna, 22 March 2023