MSC Cruises denies wrongdoing after exec's assets seized

Vago, Zuccarino suspected of falsifying income

(ANSA) - Naples, October 27 - MSC Cruises on Monday denied wrongdoing by its executives after judicial authorities seized 33 million euros in assets from CEO Pierfrancesco Vago and from the president of the board of directors, Francesco Zuccarino.
    Vago is suspected of failure to declare income while Zuccarino is suspected of falsifying his declared earnings. "The charges are baseless and brought in clear violation of international norms," the cruise company said in a statement. MSC Cruises has offices in 48 countries and is part of the Switzerland-based Mediterranean Shipping Company, the world's second-largest container shipping operator.
   

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