360° Coverage : Italian official held for 10-mn-euro graft

Italian official held for 10-mn-euro graft

Rome, June 15 (IANS/AKI) A former senior official in the Italian government has been arrested on suspicion of embezzling 10 million euros of interior ministry funds, police said.

Jun 14 2013, 9:24pm CDT | by

Italian official held for 10-mn-euro graft
Photo Credit: Pool, Getty Images

Rome, June 15 (IANS/AKI) A former senior official in the Italian government has been arrested on suspicion of embezzling 10 million euros of interior ministry funds, police said.

Francesco La Motta was the director of the interior ministry's Religious Buildings Foundation between 2003 and 2006. The foundation administers more than 700 Catholic churches and museums and books and works of art contained in them.

Prosecutors are probing La Motta for allegedly transferring into a Swiss bank account the 10 million euros earmarked for preservation of churches and cultural assets.

The Swiss bank account was later emptied, prosecutors said.

Former banker Klaus Beherend, cinema producer Eduardo Tartaglia and broker Rocco Zullino were also arrested Friday in connection with the probe, police said.

La Motta is also at the centre of a separate judicial probe in Naples into alleged money-laundering by the local mafia or Camorra. Judges have so far seized a billion euros of assets from the Polverino crime family.

--IANS/AKI

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IANS

Source: IANS

 
 
 

<a href="/latest_stories/all/all/8" rel="author">Luigi Lugmayr</a>
Luigi is the founding Chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.

 

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