THE Swiss and Italian governments will split evenly €13.8m confiscated from an organised crime group based in southern Italy, the two said on Monday.
The suspect, named by the Italian Ministry of Justice as Ciro Giordano, was accused of laundering money for the Camorra, the organised crime group based in the Campania region of Italy.
The Italian authorities said Giordano acted for the Casalesi clan that controls a swathe of territory north of Naples.
Switzerland’s justice department said the Camorra assets were seized from a bank in the border city of Lugano. Swiss and Italian authorities declined to name the bank.
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