Milan financial market in hands of mafia

(ANSA) - Milan, January 26 - The powerful Calabria-based 'Ndrangheta mafia is not merely operating on the fringes of Italy's business capital of Milan but has a firm grip on the largest financial markets, the mayor of a nearby town said Monday.
    Giambattista Maiorano, mayor of Buccinasco near Milan called the city "Platì North" refering to the southern Calabrian town where the wealthy 'Ndrangheta was founded.
    In an interview with the Web TV program KlausCondicio, Maiorano said "I am absolutely convinced that these people are by now really within the economic and financial mechanisms at the level of the stock market".
    His comments follow a significant warning on Saturday from Giovanni Canzio, president of the Court of Appeal in Milan, who said in a report that the mafia's involvement in the North cannot be "read in terms of mere 'infiltration', but rather of 'interaction-occupation'".
    At the official opening of the judicial year, Canzio referred to an "infinite" number of trials involving the 'Ndrangheta mafia in the Lombardy region of Italy's north.