The Italian government lost nearly $4.4 billion due to fraud and corruption in state administration in 2015, Italy’s finance police said in a report Thursday.
According to the Italian Financial Guard, nearly one third of the contractor agreements for state procurement signed in Italy in 2015 — worth over $1.1 billion — were concluded illegally.
The number of Italian citizens who avoided paying taxes increased from 8,000 in 2014 to 8,485 in 2015, while over 13,000 people have been accused of tax-related crimes and 104 people were arrested, the report read.
The Financial Guard revealed that over 390 million dangerous and counterfeit goods worth an estimated $3.3 billion were confiscated in 2015.
According to the report, assets and real estate worth over $3 billion was confiscated from Italian organized crime gangs by the Financial Guard in 2015.