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Italy Seizes $1.7b in Mafia-Linked Property

Italian authorities have seized €1.5 billion ($US 1.7 billion) in assets from the heirs of a late businessman who had allegedly built his wealth on funds provided by Sicily’s notorious Cosa Nostra organized crime group, the country’s Anti-Mafia Investigation Directorate (DIA) announced Saturday.

US: Man Sentenced for Iraq War Bribery

A former business partner of a United States military contractor was sentenced to 18 months in prison for bribing US Army officials with millions of dollars during the Iraq War, the US Department of Justice announced Monday.