Money laundering, judicial administration for the Saint-Vincent casino

The Court of Turin has ordered receivership for the Saint-Vincent casino. The decree, the first applied to a gambling house, was notified today. It was issued in connection with investigations by the Guardia di Finanza, coordinated by the Aosta Prosecutor's Office, into a money-laundering scheme centred on the Valdostan casino, in the context of which around thirty people, including some casino employees, were investigated last December and EUR 5 million seized.

"The top management of the casino, not directly involved in the alleged offences, despite having picked up multiple alarm signals," the investigators point out, "would not have taken any concrete and direct initiative, negligently overlooking their respective obligations to control and report provided for, among other things, by the anti-money laundering regulations". Such conduct "would have configured the so-called organisational fault in that the company, although it had equipped itself, at least on paper, with procedures aimed at preventing the occurrence of criminal phenomena, in fact it would have disregarded the precautionary rules formalised in the organisational model pursuant to Legislative Decree no. 231/2001". "The Court of Prevention, considering today's measure the only one suitable to remove those 'toxic situations' that would have created the favourable humus for a gambling house widely renowned to be transformed into an environment easily permeable to illegal activities - concludes the Guardia di Finanza - has ordered a 'tutoring' by two judicial administrators, appointed by the same Authority, who for an initial period of one year will exercise specific powers of administration in order to eliminate the criticalities detected".