Milan Construction Scandal: Court Lifts House Arrests Amid Ongoing Investigation
A Milan court has freed a local councillor and two others from house arrest amid a construction permit scandal, changing the restrictions to professional bans. The investigation has paused construction activity in Milan since alleged abuses of permit fast-tracking came to light. All suspects deny wrongdoing.
- Country:
- Italy
A Milan court has freed a city councillor and two other local figures who were under house arrest for allegedly fast-tracking planning permits. This decision is part of an ongoing investigation causing a construction freeze in Italy's financial capital.
Giancarlo Tancredi, a council member, had resigned after calls for his arrest. Although he denies any wrongdoing, Tancredi remains under investigation. The court amended his arrest to a one-year ban on professional activities.
With the release of two other suspects and upcoming appeals, the case continues to unfold. Coima, a major developer affected by the scandal, has adjusted its board's powers for continuity. Milan's property market, which has surged since Expo 2015, faces challenges amid resident complaints about increased multi-storey buildings and permit fast-tracking abuses.
(With inputs from agencies.)
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- Giancarlo Tancredi
- Coima
- real estate
- Italy
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