The Italian Financial Guard has confiscated the assets of a Russian businessman valued at 41 million euros, the Ansa news agency reported on Monday. The Russian is suspected of bribing state officials for an estimated $60 million.
Four real estate properties worth EUR 38 million and EUR 3 million in shares in companies are the result – as reported by the Kiev prosecutor's office – of the Russian investing illegally obtained profits.
Russian accused of corruption
The businessman is on Ukraine suspected of bribing public officials, fraud of an estimated $60 million against a public company involved in the trading of agricultural products, and money laundering.
Part of the illegally obtained funds of citizens Russia he then invested through a Florence-based company, purchasing a luxury property in Tuscany.
Main image source: sxc.hu