Home
Study reveals Sicilian Mafia's sky-high income
AddThis Social Bookmark Button
Sicily's Mafia rakes in more than €1-billion a year through extortion, according to a study to be published on Friday.

Between 2002 and 2006, the Cosa Nostra earned more than €6-billion from Sicilian businesses forced to pay "pizzo", according to extracts of the study published on Tuesday by the financial daily Il Sole 24 Ore.

The funds amount to 1,3% of the southern island's gross domestic product (GDP), the paper said, citing a study by sociologist Nino la Spina to appear on Friday.

"Of 2 246 businesses studied, 333 had to pay an average one-time sum of €25 000, while 646 companies paid pizzo every month for several years," the paper said.

Monthly pizzo averages €881, ranging from €32 for a tobacconist to €27 000 for a large supermarket, the study found.

Construction companies are hardest hit by Mafia extortion, paying an average of €2 000 a month.

mg.co.za
 
Copyright © 2012 SicilyInYourPocket.com. All Rights Reserved.
Joomla! is Free Software released under the GNU/GPL License.
 
Become Fan
Follow Us