Economic news

Italian authorities take charge of Deutsche Bahn unit

2022.05.17 19:56

Italian authorities take charge of Deutsche Bahn unit
FILE PHOTO: A logo of German railway Deutsche Bahn is pictured outside the railway station of the Cologne-Bonn Airport during the spread of the coronavirus disease (COVID-19) in Cologne, July 28, 2020. REUTERS/Wolfgang Rattay

MILAN (Reuters) – An Italian court will appoint a special administrator to take charge of transport group Schenker Italiana SpA after the Deutsche Bahn unit became caught up in an anti-Mafia investigation into one of its subcontractors, sources said on Tuesday.

The order, issued by a court in Milan, will be in place initially for a year for a business that employs more than 1,400 people in Italy.

The Italian financial police and carabinieri force issued a joint statement saying that the special measures would apply to two unnamed companies. Two sources with knowledge of the matter said that Schenker Italiana was one of them.

“We have heard of allegations in connection with a subcontractor of Schenker Italiana. We fully support the authorities,” said a Deutsche Bahn Schenker spokesperson in Germany.

Schenker Italiana did not immediately respond to a request for comment.

The sources said neither the current management of Schenker Italiana nor the company itself were under investigation.

An investigation that began in April 2020 into a haulage business suspected of being run by the Calabrian Mafia, known as the ‘Ndrangheta, found business ties to the two companies, the police said.

(This story corrects name of business to Schenker Italiana throughout)

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 84,204.56 1.38%
ethereum
Ethereum (ETH) $ 1,970.32 0.98%
tether
Tether (USDT) $ 0.999761 0.01%
xrp
XRP (XRP) $ 2.39 3.49%
bnb
BNB (BNB) $ 636.40 1.57%
solana
Solana (SOL) $ 126.64 2.90%
usd-coin
USDC (USDC) $ 1.00 0.00%
cardano
Cardano (ADA) $ 0.710976 2.08%
dogecoin
Dogecoin (DOGE) $ 0.168021 2.24%
tron
TRON (TRX) $ 0.236391 3.32%
staked-ether
Lido Staked Ether (STETH) $ 1,967.30 1.12%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 84,018.51 1.30%
leo-token
LEO Token (LEO) $ 9.77 0.28%
chainlink
Chainlink (LINK) $ 14.09 2.71%
the-open-network
Toncoin (TON) $ 3.64 0.98%
stellar
Stellar (XLM) $ 0.278368 2.30%
wrapped-steth
Wrapped stETH (WSTETH) $ 2,356.51 0.96%
usds
USDS (USDS) $ 0.999994 0.01%
hedera-hashgraph
Hedera (HBAR) $ 0.184343 3.30%
avalanche-2
Avalanche (AVAX) $ 18.58 1.18%
shiba-inu
Shiba Inu (SHIB) $ 0.000013 1.73%
sui
Sui (SUI) $ 2.26 6.92%
litecoin
Litecoin (LTC) $ 93.43 1.84%
polkadot
Polkadot (DOT) $ 4.43 0.80%
bitcoin-cash
Bitcoin Cash (BCH) $ 334.86 2.66%
mantra-dao
MANTRA (OM) $ 6.45 5.24%
pi-network
Pi Network (PI) $ 0.870444 25.82%
weth
WETH (WETH) $ 1,969.55 0.87%
bitget-token
Bitget Token (BGB) $ 4.61 1.60%
ethena-usde
Ethena USDe (USDE) $ 0.999727 0.02%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999855 0.05%
hyperliquid
Hyperliquid (HYPE) $ 14.30 3.05%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,092.60 0.87%
whitebit
WhiteBIT Coin (WBT) $ 28.61 0.29%
uniswap
Uniswap (UNI) $ 6.85 1.32%
monero
Monero (XMR) $ 209.82 0.24%
susds
sUSDS (SUSDS) $ 1.05 0.05%
aptos
Aptos (APT) $ 5.50 1.32%
ethena-staked-usde
Ethena Staked USDe (SUSDE) $ 1.16 0.02%
near
NEAR Protocol (NEAR) $ 2.71 0.42%
dai
Dai (DAI) $ 0.999819 0.00%
okb
OKB (OKB) $ 52.11 1.10%
pepe
Pepe (PEPE) $ 0.000007 4.08%
gatechain-token
Gate (GT) $ 22.68 0.25%
internet-computer
Internet Computer (ICP) $ 5.70 1.94%
tokenize-xchange
Tokenize Xchange (TKX) $ 33.60 1.16%
ethereum-classic
Ethereum Classic (ETC) $ 17.72 1.33%
aave
Aave (AAVE) $ 177.84 1.61%
mantle
Mantle (MNT) $ 0.779165 2.89%
ondo-finance
Ondo (ONDO) $ 0.827112 3.95%