Italian Authorities Seize $1.5 Billion in Assets from Campari’s Controlling Shareholder Amid Tax Fraud Probe
In a sweeping crackdown on corporate tax evasion, Italian police have seized $1.5 billion in assets from the controlling shareholder of Campari Group, raising critical questions about financial oversight and accountability.
Italian tax authorities have launched a major enforcement action, seizing assets valued at approximately €1.29 billion ($1.5 billion) from Lagfin, the Luxembourg-based holding company that controls Campari Group, a global leader in premium spirits. This unprecedented seizure comes amidst allegations of tax evasion linked to a complex corporate merger involving Lagfin and its Italian subsidiary.Though Lagfin maintains it has operated within legal boundaries and claims the investigation does not implicate Campari Group directly, the scale of this probe exposes the vulnerabilities in cross-border corporate governance that can undermine national economic sovereignty. How long will international financial structures be allowed to...
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