THE DIREZIONE INVESTIGATIVA ANTIMAFIA CONFISCATED ASSETS WORTH ABOUT 1.6 MILLION EUROS FROM AN ENTREPRENUER IN THE PROVINCE OF FOGGIA, OPERATING IN THE TRADE OF ADULTERATED OLIVE OIL

The Direzione Investigativa Antimafia carried out an asset confiscation order issued by the Court in Bari – Section Preventive Measures – against an entrepreneur with multiple convictions in the area of Cerignola, who for years had been involved in the adulteration of olive oil.

Based on the convictions obtained since the 80s, the entrepreneur, who in the past had been subject to several personal preventive measures, can be considered one of the main adulterated olive oil traffickers operating in Italy and in several foreign countries.

Today’s measure confirms the robustness of the investigative framework, resulting in a proposal for the application of asset-related preventive measures made jointly by the DIA Director and the Public Prosecutor in Bari. As a result, investigators were able to ascertain that there was a remarkable disproportion between the income declared by the entrepreneur, his family members and his accumulated wealth.

Among the confiscated assets there are: a company operating in the bottling of seed and olive oil, three motor vehicles, three flats, several financial relations totaling 100,000 euros and a real estate complex consisting in an industrial plant and a plot of land with an estimated total value of about 1.6 million euros.

Todays’ result is part of the institutional activities aimed at attacking the assets which are illicitly gained and directly or indirectly linked to criminal activities, so to protect national healthy economy.

Foggia, 17 January 2024