The Vancouver Sun

Italy seizes record 1.3 billion billion euro from Sicilian alternative energy entrepreneur
The Vancouver Sun

Italian police have seized a record €1.3 billion ($1.7 billion) in cash and property from a single person, a Sicilian alternative energy entrepreneur alleged to have close ties to the Mafia.

Italy’s anti-Mafia investigators said in a statement Wednesday that Vito Nicastri, a 57-year-old native of Alcamo, near Trapani, was placed under surveillance and must remain in Alcamo for three years. He is accused of declaring for tax purposes a fraction of the value of his businesses.

Italian media have dubbed Nicastri the « king of alternative energy » for his vast holdings in wind farms and photovoltaic cell companies.

Police said the seizures include 43 companies; 98 pieces of real estate including buildings, homes, stores and land; 66 bank accounts, credit cards and investment funds.

Dans une société, plus un gouvernement distribue de contrats, plus les gens auront un incitatif à recourir aux pots-de-vin pour obtenir un contrat.

Dans une société, plus un gouvernement distribue de subventions, plus les gens auront un incitatif à recourir aux pots-de-vin pour obtenir une subvention.

Dans une société, plus l’État est gros et omniprésent, plus il y a de possibilités de corruption.