Business Insurance

Login  |  Register Subscribe



Italian governor under house arrest amid corruption probe

Giovanni Toti, president of Italy's Liguria region, has been placed under house arrest amid an investigation into allegations he granted political favors for money.

The governor of the Italian region surrounding the port city of Genoa was placed under house arrest Tuesday as part of a corruption investigation by prosecutors alleging he granted political favors in exchange for money.

ITALIAN PM MELONI ALLY FIRES BACK AGAINST CRITICISM SAYS POLICIES THE SAME BUT 'EUROPE HAS CHANGED'

Giovanni Toti, president of the Liguria region, was "serene and convinced he’ll be able to explain everything," said his lawyer, Stefano Savi.

According to the judge’s order signing off on the arrest, Toti was accused of doing favors for local figures in exchange for money to fund four local elections in 2021 and 2022. Members of Toti’s staff and Genoa businessmen, including some involved in the city’s all-important port, were implicated in the investigation.

In a statement, the regional government of Liguria said it was certain that Toti had "always acted in the exclusive interests of Liguria." The council named the vice-president of the region to temporarily take over all administrative functions.

Justice Minister Carlo Nordio said he was "perplexed" by the decision to place Toti under pretrial house arrest, saying such restrictive measures are rarely used for an investigation of this type, the LaPresse news agency reported.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.

Business Insurance Webinars & Webcasts

August 12: "Get Retrofit: Insurance Savings from Property Upgrades"

August 7: "Friends & Foes: Best Practices for Social Media Risk Management"

August 17: "Supply Chain Crisis?Navigating Business Interruption Coverage and Claims After the Japanese Earthquakes"

September 8: "Dormant Dangers: Protecting Key Corporate Assets from Cyber Attacks"

View all webcasts & webinars


Business Insurance Upcoming Issues

Aug. 22/29: Industry Financials: First-Half Results
Health Care Reform: Impact on Firms

September 5: Special Report: Alternative Risks

September 12: Workers Comp & Safety Management

View editorial calendar
Subscribe to Business Insurance