Ad
Grasso: 'They've got liquid cash, they've got ready money ... and not just in Europe' (Photo: Wikipedia)

Financial crisis is boom time for mafia

Struggling banks in the EU and beyond are becoming more willing to launder dirty cash for organised crime.

Italy's anti-mafia prosecutor Pietro Grasso drew attention to one of the lesser known aspects of the crisis at a hearing in the European Parliament's new anti-mafia committee on Tuesday (19 June).

He told press: "The current economic crisis is making criminal groups even more powerful because they've got liquid cash, they've got ready money ... and not just in Europe, but i...

To read this story, log in or subscribe

Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.

Already a member? Login
Grasso: 'They've got liquid cash, they've got ready money ... and not just in Europe' (Photo: Wikipedia)

Tags

Ad

Related articles

Ad
Ad

Latest News