Arrests, asset seizures over alleged Carige fraud - update

(ANSA) - Rome, May 22 - Finance police on Thursday acted on arrest warrants issued against seven people for alleged involvement in a fraud at Italian bank Carige. Police were also conducting searches in the cities of Genoa, Milan and La Spezia on Thursday and proceeding with an order to seize around 22 million euros in assets in relation to the probe. The people under investigation are suspected of offences including criminal association, aggravated fraud, money laundering and fake registration of assets.