The Italian tax authorities are investigating whether the estate of Gianni Agnelli, the late titan of Italian industry, has undeclared assets of about €1bn hidden in Swiss bank accounts. The probe was triggered by a family feud over Agnelli’s estate with his daughter alleging that money had been stashed abroad. Attilio Befera, director of Italy’s tax-collecting agency, said Wednesday the agency was probing the Agnelli estate and was also pursuing up to 170,000 other Italians suspected of hoarding wealth abroad, much of it in neighbouring Switzerland.

This entry was posted by Gwen Robinson on Friday, August 14th, 2009 at 5:02 and is filed under People. Tagged with Gianni Agnelli. Edit this entry.