Sunday, 15 April 2012

Secular Café: Italian police clamp down on embezzlement of EU funds

Secular Café
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Italian police clamp down on embezzlement of EU funds
Apr 15th 2012, 13:41

http://www.bbc.co.uk/news/world-europe-17705994

This is really quite surprising. Italy is a byword for corruption and fiddling. Usually the police are powerless against it.

Quote:

Police say they are investigating 63 people, nearly all of them from the town of Vibo Valentia, south of Naples.

Bank accounts, cars and properties worth more than 1m euros ($1.31m; £820,000) were seized.

Those investigated include two officials from Calabria, a stronghold of the 'Ndrangheta crime group.

The officials were said to be in charge of distributing the EU money, which was given to redevelop tourist accommodation.

The police said at least 1.3m euros of EU funds was used in fraudulent activities.

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