Assets worth $10 million seized from Sicilian businessman

Rome, Oct 21 (IANS/AKI) Italy’s anti-mafia directorate on Friday impounded assets worth 10 million euros from alleged Sicilian mafia member and businessman Giuseppe Montalbano.

The expropriation of the assets followed a probe by anti-mafia investigators in Trapani that uncovered “suspect money flows” involving Montalbano’s cement-making firm Tre Noci, investigators asid.

Montalbano, 47, from the town of Alcamo in the province of Trapani has done jail-time for abetting several mafia fugitives and for extortion.

The Sicilian mafia was Italy’s most powerful organised crime syndicate in the 1980s and 1990s, but has seen its power diminish after years of probes and mass arrests.