Mafia: assets confiscated for 10 million from Palermo entrepreneur

(ANSA) – ROME, MARCH 28 – 10 million worth of assets were confiscated from Palermo entrepreneur Vincenzo Graziano, 71, considered a leading exponent of the Acquasanta mafia. The investigations have been conducted over the years by the carabinieri of the Palermo investigative unit. With the provision, the confiscation was declared irrevocable and the assets became part of the State assets definitively. Graziano in 1996 was sentenced to 8 years of imprisonment for mafia association and in 2009, continuously for the same crime, to a further 5 years. In 2014 he was again arrested in the “Apocalypse” operation by the carabinieri and sentenced to 10 years of imprisonment for the same crime. In 2016, he was sentenced to 3 years and 9 months of imprisonment for money laundering, reuse of illicit capital, embezzlement and fictitious registration of assets. The confiscation took place for the entire share capital and related set of corporate assets of the “AFG” companies

Costruzioni srl “,” MG Costruzioni srl “,” Costruzioni Generali srl “all based in Palermo and the entire share capital and related set of corporate assets of the companies” AG

Costruzioni srl “,” Immobiliare Tre srl “both based in Tavagnacco (Ud). Three warehouses in Palermo; a garage in Palermo; 3 houses in Palermo; a plot of land in Palermo; a plot of land in Trabia (Pa); a house in Cinisi (Pa); 8 garages in Martignacco (Ud); 8 houses in Martignacco (Ud); 2 plots of land in Martignacco (Ud); 2 motorcycles; a boat; half a boat share; 30 banking relationships. (ANSA).

Source: Ansa

Martin

I have been working in the news industry for over 10 years now and I have worked for some of the biggest news websites in the world. My focus has always been on entertainment news, but I also cover a range of other topics. I am currently an author at Global happenings and I love writing about all things pop-culture related.