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Italian police on Saturday confiscated 800 million euros

Italian police on Saturday confiscated 800 million euros ($A1.15 billion) in cash and property belonging to a Mafia-linked businessman in Sicily, a statement from the Carabinieri paramilitary police said.

The money and property were frozen following the arrest of one of Sicily’s most successful businessmen, Michele Aiello, 56, who has since been jailed for 15-and-a-half years for Mafia activities, fraud and corruption. 

 read more here    smh.com.au