Italy goes Cyprus on Mafia’s Lord of the Wind: Mafia-linked businessman loses 43 companies, 98 properties, 66 bank accounts, credit cards, investment funds, cars and boats.
Assets worth €1.3bn seized from Italian businessman ‘with mafia links’
Vito Nicastri, known as the ‘king of wind’ for his renewable energy interests, loses companies, property, cars and boats
Anti-mafia investigators in Italy have made their largest confiscation of assets to date: €1.3bn (£1.1bn) worth of property, cash and alternativeenergy companies owned by a man known as the “king of wind”.
Among the assets were 43 companies, 98 properties, 66 bank accounts, credit cards, investment funds, cars and boats. Most were located in Sicily and in Calabria, the southern region of Italy that is home to the‘Ndrangheta criminal organisation, but the investigation also reached northern Lombardy and Rome.