Published On: Wed, Aug 7th, 2013

Francesco Corallo interrogated in fraud case

francesco-coralloROMA, WILLEMSTAD – According to the Italian media, casino boss Francesco Corallo was arrested last Sunday in Italy. Corallo traveled to Italy and reported himself to the Italian justice. Now an Italian judge must decide on a possible extension of his detention.

Corallo stayed before in Santo Domingo in the Dominican Republic. He disappeared after he was considered by the Italian justice as a suspect in a large-scale corruption affair at the Banca Popolare di Milano. Except for the Italian nationality he also has the Dutch passport.

His name was removed from the public website of the Interpol, but reportedly he was still on the website that is only available to law enforcement agencies.

Corallo’s name was mentioned in Curacao when it appeared that the former Prime Minister, Gerrit Schotte (MFK) was requesting information on this person in Italy. The Dutch Ambassador in Italy, Alphonsus ‘Fons’ Stoelinga wrote to Schotte that Corallo does not have any criminal convictions but from the Italian police and the Italian intelligence he understood that Corallo was involved in international  drug trafficking.

Schotte inquired about Corallo and the media speculated that the former Prime Minister wanted to appoint him in the Board of Supervisors of the Central Bank, but Schotte claims that he was not going to nominate him to any particular position.

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