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Britain to extradite ILVA's Fabio Riva, ANSA sources say

Order to return Italian accused of fraud likely to be appealed

26 February, 18:52
Britain to extradite ILVA's Fabio Riva, ANSA sources say (ANSA) - Rome, February 26 - British authorities have agreed to extradite to Italy Fabio Riva, whose family owns the controversial ILVA steel plant blamed in an environmental disaster in southern Italy, sources told ANSA Wednesday. It is expected that Riva will appeal the extradition order called for by Italian authorities who allege fraud.

One month ago, a European arrest order was issued against Riva, son of the owner of the troubled steel manufacturer ILVA, and resident of London.

The former ILVA executive and ex-deputy chairman of ILVA's parent company Riva is accused of defrauding the Italian State of hundreds of millions of euros by illegally taking public subsidies for exports through the holding company Riva Fire.

Milan prosecutors say that Fabio Riva, another Riva Fire executive and an outside professional are under investigation.

Those charges represent the third of a series of probes into the financial, business and tax dealings of ILVA's parent company Riva Group.

In July, Milan prosecutors asked the courts to indict Riva's father and ILVA's former head, Emilio Riva, on charges of massive tax fraud.

Fabio Riva was previously arrested in London in January 2013 after two months on the run, as part of a criminal probe into the environmental scandal at ILVA's Taranto steel plant.