Wednesday, November 02, 2005

Italian mafia's criminal revenue over 43 billion dollars in 2004

The Calabria-based mafia organisation made 36 billion euros (43.6 US dollars) last year, Italian media reported on Sunday.

The report by Italian social research institute Eurispes said the criminal revenue in 2004 equalled 3.4 percent of Italian GDP.

Drug trafficking was the organisation's most profitable business, generating 22.3 billion euros (26.7 billion dollars), Eurispes said.

Skimming off money from public works contracts and general business corruption were the next most lucrative activities, netting the group more than 4.7 billion euros (5.7 billion dollars) .

Prostitution and arms trafficking made the 'Ndrangheta an estimated 4.6 billion (5.6 billion dollars) while extortion and loan-sharking brought in 4.1 billion (4.9 billion dollars), the report said.

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