Venice mayor held in corruption scandal

2014-06-04 14:16
Handcuffs (<a href=\http://www.shutterstock.com\>Shuttertstock</a>)

Handcuffs (Shuttertstock)

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

Venice - The mayor of Venice and more than 30 other people were arrested on Wednesday in a sweeping corruption investigation related to the construction of underwater barriers to protect the historic city from flooding, the latest in a series of Italian bribery investigations involving high-profile public works projects.

Italian financial police confirmed that Mayor Giorgio Orsoni had been arrested. The ANSA news agency said he was being investigated for alleged corruption, extortion and money laundering.

The arrests were the result of a three-year investigation that led to the arrest last summer of the head of the consortium building the ambitious but long-delayed system of so-called Moses barriers. Authorities say $27m was diverted abroad to bribe politicians.

The first of the underwater barriers was installed last year.

Anti corruption investigations

A series of unrelated corruption investigations, mostly involving bribery or embezzlement accusations, have implicated former high-ranking government ministers in recent months.

Investigations have revolved around some of the biggest Italian public works projects including the Milan world's fair, Expo 2015, and an Italian-funded water project in Iraq. Most recently, a former interior minister was accused of helping a businessman flee Italy to escape a mafia association sentence.

The string of arrests has prompted comparisons to the "Clean Hands" anti-corruption investigations of the 1990s that toppled an entire political class. The one clear difference this time is that the alleged bribery involves individuals from across the political spectrum rather than political parties enriching themselves.

Wednesday's arrests put more pressure on Premier Matteo Renzi to take action, after his appointment of an anti-corruption czar earlier this year. Over the weekend, the European Commission flagged the deep-rooted problem of corruption as an issue hampering investment and economic renewal in Italy, which ranked 69th in Transparency International's perceived level of public sector corruption last year — behind Montenegro and just ahead of Kuwait.

Read more on:    italy
NEXT ON NEWS24X

SHARE:

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
2 comments
Add your comment
Comment 0 characters remaining

Inside News24

 
/News
Horoscopes
Aquarius
Aquarius

Think before you speak is the motto for today. There is a strong impulsive and reactive energy that flavours the day and can...read more

There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.