Italian prosecutors are seeking to indict 297 people and the Bank of China in connection with a massive money-laundering investigation reported by The Associated Press earlier this month.
The suspects, mostly Chinese migrants living in Italy, include four senior managers of the Chinese state bank's branch in Milan. According to prosecutors, at least some of the suspects used Mafia-like techniques, including intimidation, the ANSA news agency reported Saturday.
The case highlights the large underground Chinese economy in Europe and the failure of judicial and legal cooperation to keep pace with the economic ties, both legal and illegal, that bind China with the West.
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