Italian police seize $1.7 b from alleged green energy Mafioso | The Daily Caller #rsrh

http://dailycaller.com/2013/04/03/italian-police-seize-1-7-billion-from-alleged-green-energy-mafioso/

“Vito Nicastri, called the “king of alternative energy” for his extensive holdings in green-energy companies, stands accused of evading taxes by only declaring a fraction of the value of his businesses. He has been placed under surveillance by police and must remain in Alcamo, Italy for three years. …

“The Washington Post reported that the Mafia has been getting involved in the green energy businesses for the past decade as governments began to pour vast sums of money into renewable energy development.

“The mob has been shaking down local land permit holders in order to lease their permits to green-energy developers and get a generous subsidy for doing so. The Italian government has been investigating the “eco-corruption” and has seized about 30 wind farms and several solar power plants on the island of Sicily. Italian officials have also frozen more than $2 billion in assets and arrested alleged Mafia crime bosses, along with corrupt local officials and businessmen.”

Government money is too tempting for corruptocrats to ignore. They throw around such big piles of it that the target is huge. And one need only be a little smarter or more brazen than a salaried government functionary to pull it off. It’s no wonder that green energy projects attract unscrupulous characters like hogs to slop — both the corporate kind and the Cosa Nostra kind.

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One Response to Italian police seize $1.7 b from alleged green energy Mafioso | The Daily Caller #rsrh

  1. Pingback: fredericktabion | Planned Drilling Analysis Heads To Hermosa Beach City Council

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