fbpx
Published On: Thu, Dec 15th, 2016

Uncertain Christmas

The authorities are coming down hard on casino owner Francesco Corallo. Today he stands in front of the Judge of Instruction for an assessment of the legality of his arrest. That will be followed further down the road by an extradition hearing.

In the meantime, the Italian authorities have indicated that it is okay to seize several hundreds of millions of dollars worth of assets from Corallo.

It is probably all according to procedure, yet one gets the feeling that law enforcement is rushing here, for reasons that remain unclear.

Corallo’s real estate in St. Maarten is not going anywhere and with the man himself behind bars his boats will remain anchored too.

There is however no closure looming for Corallo’s casinos we learn from the prosecutor’s office, but we imagine that the staff of these establishments is heading for an uncertain Christmas.