GREEN ENERGY BECOMING MAJOR VEHICLE FOR MONEY LAUNDERING
May 1st, 2011
BY LEE ADENDOORF and ALAN OSBORN
THE HIGH profile arrest in 2009 of a Sicilian businessman involved in the renewable energy sector and the subsequent seizure of his assets worth over Euro EUR1.5 billion in 2010, threw the international spotlight onto a problem Italian authorities have been grappling with for some time: the use of 'clean energy' industries such as wind and solar farms to launder mafia funds.
A 2010 report into wind power and criminal infiltration by the environmental watchdog Legambiente, analysing seven major investigations currently underway in ...
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