[ exact phrase in "" • results by date ]

[ Google-powered • results by relevance ]


News Home

Subscribe to RSS feed

Add NWW headlines to your site (click here)

Sign up for daily updates

Keep Wind Watch online and independent!

Donate $10

Donate $5

Selected Documents

All Documents

Research Links


Press Releases


Publications & Products

Photos & Graphics


Allied Groups

€1.3 billion seizure of wind farm magnate’s assets  

Credit:  Felice Cavallaro | English translation by Giles Watson | 3 aprile 2013 | Corriere della Sera | www.corriere.it ~~

ALCAMO – The shadow of Matteo Messina Denaro, the most wanted Mafia criminal still at liberty, looms over assets valued at €1.3 billion seized by the Anti-Mafia Investigation Department (DIA). The owner of the property is wind-farm king Vito Nicastri, 57, a successful Sicilian businessman who has now been ordered not to leave the town where he resides, Alcamo, halfway between Palermo and Trapani.

MAFIA BUSINESS EMPIRE – The seizure is the largest ever made in Italy, as DIA director Arturo De Felice explained. Former Ancona police chief Mr De Felice has headed the DIA, Italy’s equivalent of the FBI, since last year. “It’s one way of striking at the heart of Cosa Nostra”, said sources at the DIA offices in Palermo, coordinated by the Trapani public prosecutor’s office and Palermo-based DIA magistrates for this huge property seizure. Padlocks have been put on forty-three alternative energy generation-related companies and equity holdings, ninety-eight houses, blocks of flats, land and warehouses, seven motor vehicles and sailing vessels, and sixty-six “available funds”, in other words current accounts, deposits of securities, investment funds and the like.

UPWARDLY MOBILE ELECTRICIAN – Investigators put Mr Nicastri’s career under the microscope, suspicious that he might have become a big-time businessman “thanks to a conscious and constant contiguity to the interests of organised crime” and on the basis of “a whirlwind of deals and relationships, some with companies based in Luxembourg, Denmark and Spain”. It was a rise made possible by “closeness to the most prominent members of the Mafia” who are alleged to have enabled Mr Nicastri to acquire “a leadership position in this sector in several regions – Lombardy, Lazio and Calabria – as well as in western Sicily”.

SUSPECT WEALTH – Mr Nicastri’s web of wealth was exposed by the DIA in a complex series of financial investigations before the director issued the property and personal restraint orders. Mr De Felice also stressed “the existence of a substantial lack of proportion between the assets owned by Nicastri and his declared income”.

TURNKEY WIND FARMS – Investigators carried out a comprehensive examination of criminal proceedings against Mr Nicastri and of many other events related to the construction and subsequent sale of turnkey wind farms and photovoltaic power systems worth millions of euros. Working on the basis of pizzini notes found at the time of the men’s arrest, prosecutors further allege that Palermo-based gangsters Salvatore and Sandro Lo Piccolo were involved in the business. The link brings investigators closer to Messina Denaro and scorches a little more earth around Cosa Nostra’s elusive pimpernel.

Source:  Felice Cavallaro | English translation by Giles Watson | 3 aprile 2013 | Corriere della Sera | www.corriere.it

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

The copyright of this article resides with the author or publisher indicated. As part of its noncommercial effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.

Wind Watch relies entirely
on User Funding
Donate $5 PayPal Donate


News Watch Home

Get the Facts Follow Wind Watch on Twitter

Wind Watch on Facebook


© National Wind Watch, Inc.
Use of copyrighted material adheres to Fair Use.
"Wind Watch" is a registered trademark.