Criminal enterprises - like their legitimate counterparts - have suffered during the pandemic-induced economic crisis. But the Italian Mafia has already laid the foundation for a massive payday.

Last year, when countries were seized by lockdowns, the Mafia started infiltrating cash-starved companies in a bid to siphon money from the EU's recovery fund and the €1.8-trillion (about R32.5-trillion) that will, in part, start flowing to struggling firms later this year, according to Maurizio Vallone, Italy's top investigator on organised crime...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now