The investigation

Cinema tax credit, cards acquired for three films: Drought, Dawn at Last and Immensity

The Guardia di Finanza of the Nucleo di polizia economico-finanziaria of the Capital acquired documents from the administrative offices of Cinecittà

by Ivan Cimmarusti

Ingresso storico Cinecitta', Roma, 3 marzo 2023. ANSA/Uff stampa Cinecitta' + PRESS OFFICE, HANDOUT PHOTO, NO SALES, EDITORIAL USE ONLY + NPK

2' min read

Translated by AI
Versione italiana

2' min read

Translated by AI
Versione italiana

The investigation by the Rome Public Prosecutor's Office on cinema tax credit is widening. The Guardia di Finanza of the Capital's Economic-Financial Police Nucleus acquired from the administrative offices of Cinecittà all the papers related to three films: 'Siccità' of 2022 directed by Paolo Virzì; 'Finally Dawn' of 2023 directed by Saverio Costanzo, Maurizio Costanzo's son; 'Immensity' of 2022 directed by Emauele Crialese.

The aim of the investigation is to ascertain how public money intended to support the Italian film industry was spent. One hundred films are in the crosshairs, which, according to preliminary findings, had a box office return close to zero.

Loading...

The case is one of five files that the prosecutors in Rome are working on.

For the time being, there are no suspects, but the investigation is underway and is running on several tracks: economic-financial profiles and possible offences in the public administration. From Piazzale Clodio come cautious definitions - 'embryonic' proceedings - which, however, do not dampen the weight of the affair. Because the numbers of possible frauds are impressive and the subjects involved directly or indirectly are prominent.

On the economic level, at the end of July the Directorate General of the Ministry of Culture was working on a package of 200 works produced between 2020 and 2024, with a total value close to €350 million. An impressive census, which testifies to the size of the public expenditure at stake.

On the political level, One More Pictures, the audiovisual company founded by Manuela Cacciamani, with a 2024 turnover of around 1.6 million, also ended up under observation. The manager left the helm of the company last June, when - at the proposal of former minister Sangiuliano - she was appointed managing director of Cinecittà, the spa controlled by the Ministry of the Economy that represents the strategic axis of the industrial policy of Italian cinema. The company is not accused of anything, but is among the subjects from which the Public Prosecutor's Office is acquiring documents: a detail that inevitably turns the spotlight on.

The controls have also reached the offices of the Ministry of Culture. At the beginning of August, the financiers of the Nucleo di Polizia Valutaria showed up in via del Collegio Romano to obtain files on public funds and tax benefits. The request, addressed to Mario Turetta, head of the Department for Cultural Activities, came a few weeks after the resignation of Nicola Borrelli, the historic Director General for Cinema. On the table are allocation files and accounts that in more than one case have exceeded the six zeros threshold.

Copyright reserved ©
  • Ivan Cimmarustigiornalista

    Luogo: Roma

    Lingue parlate: Italiano, inglese

    Argomenti: Sicurezza, giudiziaria, inchieste, giustizia tributaria

    Premi: Nel 2011 tra i vincitori del Premio Internazionale Antimafia Livatino-Saetta

Loading...

Brand connect

Loading...

Newsletter

Notizie e approfondimenti sugli avvenimenti politici, economici e finanziari.

Iscriviti