Wednesday, September 20, 2006

Italian Police Arrest 20 in Telecom Italia Inquiry

Eric Sylvers writes in The Internatioanl Herald Tribune:

Italian police arrested 20 people in seven cities on Wednesday in a sweep tied to a scandal involving a senior Telecom Italia executive, a police official said. Although the investigation is not connected with the recently announced break-up of the company, which resulted in the resignation of its chairman amid a dispute with the prime minister, it is another blow to one of Italy's biggest companies.

Those arrested include the former head of security at Telecom Italia; the current head of security of Pirelli, which controls Telecom Italia; the owner of a private investigation agency, and members of the finance police and other police forces, according to the official who requested anonymity because he was not authorized to speak while the investigation was in progress.

Those arrested are accused of corruption and illegally obtaining bank and phone records. It is not clear why the accused were accumulating this information.

More here.

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