Anti-mafia police on Wednesday seized two million euros' worth of assets belonging to Vitaliano Grillo Brancati, who is under investigation for links to the Imerti and Buda clans of the Calabrian 'Ndrangheta mafia.
Investigators said the 55-year-old, a resident of Villa San Giovanni in Reggio Calabria, is accused of involvement in the clan's allegedly rigged bankruptcy auctions.
Police seized six apartments and a 12-metre motor yacht, as well as bank accounts and postal bonds.
The investigation is probing how Brancati had acquired the assets, revealing an alleged disparity between his declared earnings and his assets.
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