Italian Mafia turnover '$120bn'

Mikael · 11-10-2007, 11:37 AM

Italian Mafia turnover '$120bn'

By David Willey
BBC News, Rome

Italy's retailers have denounced the growth of Mafia extortion rackets which they say now affect big companies as well as smaller ones.

The Mafia has turned into one of Italy's biggest business enterprises with a turnover of more than $120bn (£60bn) a year, a new report says.

The report, prepared by Italy's leading retailer's association, warns of growing Mafia influence in the south.

It estimates that 7% of Italy's output is filtered off by organised crime.

Hush money

The retailer's association says it is seriously concerned by the spread of Mafia extortion rackets from small to big businesses.

Some of Italy's best known and largest construction companies are denounced by name in the report for allegedly turning a blind eye to organised crime.

Organised crime is present in all areas of the economy, from food manufacture to tourism, from real estate to finance and in the service industries, the report says.

Big business also finds it easier to negotiate agreements with the Mafia rather than to denounce extortion rackets to the police, it adds.

The study alleges that 20% of Italian shops pay regular hush money to criminals to carry on business undisturbed.

The proportion is much higher in southern Italy. In Sicily, eight out of 10 shops pay a regular monthly sum to the Mafia, the report says.

Deputy Minister of the Interior Marco Minniti said the growth of Mafia business crime was alarming.

Source: - ONLY REGISTERED AND ACTIVATED USERS CAN SEE ALL LINKS - CLICK HERE TO REGISTER

shonguiz · 11-10-2007, 12:21 PM

Quote:

Originally Posted by Mikael

The Mafia has turned into one of Italy's biggest business enterprises with a turnover of more than $120bn (£60bn) a year,

.....

It estimates that 7% of Italy's output is filtered off by organised crime.

Ubelieveable.

Mikael · 11-10-2007, 01:06 PM

Eh, interesting smiley choice there, shonguiz.

But those are unbelievable figures indeed.

Quote:

Organised crime is present in all areas of the economy, from food manufacture to tourism, from real estate to finance and in the service industries, the report says.

This propably means that mafia has so solid foundations in the Italian society that they can't get rid of it anymore which is very, very sad.

shonguiz · 11-10-2007, 03:13 PM

Quote:

Originally Posted by Mikael

Eh, interesting smiley choice there, shonguiz.

But those are unbelievable figures indeed.

This propably means that mafia has so solid foundations in the Italian society that they can't get rid of it anymore which is very, very sad.

I also think that it would be foolish from an economical point of view to to destroy the organisation but from from a human point of view this is what they must do.
PS: Is it you bmer ??

Mikael · 11-11-2007, 01:15 PM

Quote:

Originally Posted by shonguiz

I also think that it would be foolish from an economical point of view to to destroy the organisation but from from a human point of view this is what they must do.

I really wish they could get rid of it. It's like cancer.

Quote:

Originally Posted by shonguiz

PS: Is it you bmer ??

Yup, it's me.

Because CZ is not about cars I felt I needed another user name.

Va Va Voom · 11-13-2007, 12:06 PM

Quote:

Originally Posted by Mikael

I really wish they could get rid of it. It's like cancer.

Yup, it's me.

Because CZ is not about cars I felt I needed another user name.

Btw how do you change you name on cz??? i have not figured out how to

The Emperor · 11-13-2007, 12:21 PM

Quote:

Originally Posted by vroom_vroom

Btw how do you change you name on cz??? i have not figured out how to

Kindly PM admin with the name you want and he'll do it for you.

11-10-2007, 11:37 AM	#1 (permalink)
Mikael Global Moderator Join Date: Nov 2005 Posts: 1,867 Thanks: 796 Thanked 342 Times in 213 Posts	Italian Mafia turnover '$120bn' Italian Mafia turnover '$120bn' By David Willey BBC News, Rome Italy's retailers have denounced the growth of Mafia extortion rackets which they say now affect big companies as well as smaller ones. The Mafia has turned into one of Italy's biggest business enterprises with a turnover of more than $120bn (£60bn) a year, a new report says. The report, prepared by Italy's leading retailer's association, warns of growing Mafia influence in the south. It estimates that 7% of Italy's output is filtered off by organised crime. Hush money The retailer's association says it is seriously concerned by the spread of Mafia extortion rackets from small to big businesses. Some of Italy's best known and largest construction companies are denounced by name in the report for allegedly turning a blind eye to organised crime. Organised crime is present in all areas of the economy, from food manufacture to tourism, from real estate to finance and in the service industries, the report says. Big business also finds it easier to negotiate agreements with the Mafia rather than to denounce extortion rackets to the police, it adds. The study alleges that 20% of Italian shops pay regular hush money to criminals to carry on business undisturbed. The proportion is much higher in southern Italy. In Sicily, eight out of 10 shops pay a regular monthly sum to the Mafia, the report says. Deputy Minister of the Interior Marco Minniti said the growth of Mafia business crime was alarming. Source: - ONLY REGISTERED AND ACTIVATED USERS CAN SEE ALL LINKS - CLICK HERE TO REGISTER

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