'Ndrangheta mafia family makes more money than McDonald's and Deutsche Bank combined, report claims - Europe - World - The Independent

'Ndrangheta mafia family makes more money than McDonald's and Deutsche Bank combined, report claims

Warnings that Mob’s influence is spreading overseas

Rome

One of Italy’s most notorious mafia groups made more money last year than McDonald’s and Deutsche Bank put together, a study has claimed.

A report by the Demoskopika research institute in Rome has said that the annual turnover of the 'Ndrangheta organised crime syndicate was around €53bn – the equivalent to about 2.5% of Italy’s GDP.

The size of the profits, based on the mafia’s traditional money-spinners including drug dealing, illegal rubbish disposal, extortion, embezzlement, arms sales, prostitution and people-smuggling, make the crime family bigger than numerous global conglomerates.

The claims also highlight concerns that mafia groups’ power and influence is rising unchecked – with some warning the Mob is increasingly spreading its tendrils overseas. The ‘Ndrangheta is thought to have around 60,000 people worldwide involved in its activities, the report said

Giovanni Brauzzi, the security policy director at the Italian foreign ministry, said of the international dimension of Italian organised crime groups: “They invest only 10 per cent of this budget in Italy; the rest they invest in countries in Europe and elsewhere. They have good friends everywhere.”

Organised crime has infiltrated “the most important companies working in financial transactions,” added Mr Brauzzi. “Corruption is the easiest way of doing business in their framework,” he said.

Speaking at a conference in Brussels, Mr Brauzzi claimed that, with an annual income in excess of €200bn, the combined turnover of all the country’s mafia groups had exceeded that of the entire European Union budget.

The news comes as the centre-right Forza Italia party, led by disgraced former Prime Minister Silvio Berlusconi, was this week accused of trying to kill a bill aimed at halting the Mafia’s ability to sell votes in the south of Italy to corrupt politicians.

The money-for-votes racket is a key means by which the Mafia earns money and maintains power and influence.

The legislation, which has already passed through the Senate, aims to make vote rigging in collusion with the Mafia a criminal offence. But it is at risk of being smothered by 1,000 or so amendments from Forza Italia MPs.

Rosy Bindi, the centre-left head of the parliamentary anti-Mafia commission attacked the centre-right’s tactics. “This is very serious. We are one step away from a reform that has been long awaited,” she said.

The latest estimate of mob income is up 42 per cent from the 2012 figure produced by the Confesercenti employers organisation, which in 2012 claimed that the Mafia generated an annual turnover of €140bn.

The 2012 Confesercenti report, entitled SOS Impresa (SOS Enterprise), said a growing number of small and medium-sized businesses were coming into contact with Mafia which it described as the “biggest bank” in the country with €65bn in liquidity.

The long and brutal recession combined with the reluctance of Italy’s conservative banks to lend money, has seen many more businesses turn to organised crime for help, experts have warned. In October last year a report underlined the how the failure to adequately scrutinise the awarding of public contracts was also swelling Mafia coffers.

News
John Travolta is a qualified airline captain and employed the pilot with his company, Alto
people'That was the lowest I’d ever felt'
Life and Style
healthIt isn’t greasy. It doesn’t smell. And moreover, it costs nothing
News
peopleThe report and photo dedicated to the actress’s decolletage has, unsurprisingly, provoked anger
Property
Home body: Badger stays safe indoors
property
PROMOTED VIDEO
News
ebooksAn unforgettable anthology of contemporary reportage
News
The programme sees four specialists creating what they believe are three perfect couples, based on scientific matchmaking. The couples will not meet until they walk down the aisle together
tvUK wedding show jilted
Arts and Entertainment
US pop diva Jennifer Lopez sang “Happy Birthday” to Gurbanguly Berdimuhamedow, president of Turkmenistan
musicCorporate gigs become key source of musicians' income
Arts and Entertainment
You've been framed: Henri Matisse's colourful cut-outs at Tate Modern
artWhat makes a smash-hit art show
Arts and Entertainment
While many films were released, few managed to match the success of James Bond blockbuster 'Skyfall'
filmsDaniel Craig believed to be donning skis as 007 for first time
Sport
Mikel Arteta pictured during Borussia Dortmund vs Arsenal
champions league
Voices
Yes supporters gather outside the Usher Hall, which is hosting a Night for Scotland in Edinburgh
voicesBen Judah: Is there a third option for England and Scotland that keeps everyone happy?
Arts and Entertainment
Pulp-fiction lover: Jarvis Cocker
booksJarvis Cocker on Richard Brautigan
Arts and Entertainment
Robin Thicke and Pharell Williams in the video of the song, which has been accused of justifying rape
music...and he had 'almost no part' in writing it
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs General

HR Manager - Kent - £45,000

£40000 - £45000 per annum: Ashdown Group: HR Manager / Training Manager (L&D /...

Senior QA Engineer - Agile, SCRUM

£35000 - £50000 per annum + benefits: Ashdown Group: Senior QA Engineer (Agil...

Marketing Executive - West Midlands - £28,000

£26000 - £28000 per annum: Ashdown Group: Digital Marketing Executive (SEO, PP...

Retail Business Analyst

£40000 - £50000 Per Annum: Clearwater People Solutions Ltd: Our retail client ...

Day In a Page

Mystery of the Ground Zero wedding photo

A shot in the dark

Mystery of the wedding photo from Ground Zero
His life, the universe and everything

His life, the universe and everything

New biography sheds light on comic genius of Douglas Adams
Save us from small screen superheroes

Save us from small screen superheroes

Shows like Agents of S.H.I.E.L.D are little more than marketing tools
Reach for the skies

Reach for the skies

From pools to football pitches, rooftop living is looking up
These are the 12 best hotel spas in the UK

12 best hotel spas in the UK

Some hotels go all out on facilities; others stand out for the sheer quality of treatments
These Iranian-controlled Shia militias used to specialise in killing American soldiers. Now they are fighting Isis, backed up by US airstrikes

Widespread fear of Isis is producing strange bedfellows

Iranian-controlled Shia militias that used to kill American soldiers are now fighting Isis, helped by US airstrikes
Topshop goes part Athena poster, part last spring Prada

Topshop goes part Athena poster, part last spring Prada

Shoppers don't come to Topshop for the unique
How to make a Lego masterpiece

How to make a Lego masterpiece

Toy breaks out of the nursery and heads for the gallery
Meet the ‘Endies’ – city dwellers who are too poor to have fun

Meet the ‘Endies’ – city dwellers who are too poor to have fun

Urbanites are cursed with an acronym pointing to Employed but No Disposable Income or Savings
Paisley’s decision to make peace with IRA enemies might remind the Arabs of Sadat

Ian Paisley’s decision to make peace with his IRA enemies

His Save Ulster from Sodomy campaign would surely have been supported by many a Sunni imam
'She was a singer, a superstar, an addict, but to me, her mother, she is simply Amy'

'She was a singer, a superstar, an addict, but to me, her mother, she is simply Amy'

Exclusive extract from Janis Winehouse's poignant new memoir
Is this the role to win Cumberbatch an Oscar?

Is this the role to win Cumberbatch an Oscar?

The Imitation Game, film review
England and Roy Hodgson take a joint step towards redemption in Basel

England and Hodgson take a joint step towards redemption

Welbeck double puts England on the road to Euro 2016
Relatives fight over Vivian Maier’s rare photos

Relatives fight over Vivian Maier’s rare photos

Pictures removed from public view as courts decide ownership
‘Fashion has to be fun. It’s a big business, not a cure for cancer’

‘Fashion has to be fun. It’s a big business, not a cure for cancer’

Donatella Versace at New York Fashion Week