CEO arrested in Sicily - Mafia involvement

CEO arrested in Sicily - Mafia involvement
31 January 2008

Police in Sicily on Wednesday arrested the chief executive of a subsidiary of Italcementi SpA, Italy’s biggest cement maker, for alleged Mafia collusion, authorities said. Mario Colombini, CEO of Italcementi’s Calcestruzzi unit, was picked up at his home in Camparada, near Milan, on suspicion of fraud and collusion with the Mafia, said police in Caltanissetta, Sicily.

Two other officials, including the suspended head of the company’s operations in Sicily and the southern Campania region, were also detained.

The arrests came a month after the Bergamo-based Calcestruzzi announced it had suspended its operations at its seven plants in Sicily because it feared infiltration by organized crime. The move came after prosecutors in Caltanissetta launched an investigation into «irregularities» reported by the company.

Calcestruzzi was still operational, but had been placed under judicial administration with specially-appointed managers, police noted (AP Newswires)
Published under Cement News