Saturday, August 15, 2009

Mafia Assets Seized from ex-banker

Mafia police have seized assets totaling 1.5 million euros from a former banker in Palermo, the Sicilian capital. The former banker, Giovanni Gentile, was sentenced to six years in prison back in 2007 for mafia association. Gentile was making large investments that didn't agree with his modest income that he reported to authorities.

Also, police have seized assets including land in Castronovo di Sicilia, a Palermo suburb. Several more properties were also seized in the cities of Canicatti and Palma di Montechiaro, located in southeastern Sicily. Savings accounts and current accounts were also seized.

Investigators also said they discovered links between the mafia, politicaians, and businessmen while investigated Gentile.

"Gentile was well inserted in the criminal activities of Castronovo di Sicilia and had strong ties to organised crime in Canicatti," investigators said.

As a consequence, Gentile received a three year surveillance order that bans him from leaving his home area in February of this year. The government of Italy has vowed to defeat the mob. This year, police have arrested more than 100 suspects that include mob bosses. They have also seized tens of millions of euros that allegedly belong to the mafia.

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