AP News quotes ANSA, which reported that “Mayor Luigi Brugnaro along with two aides are under investigation for allegedly agreeing to ensure approvals for a 348,000 sq m (3.7 million sq ft) residential and commercial project by a Singapore developer in exchange for EUR150 million”.
Following a report by the website Gutzy on July 24 and an AP News story on July 17 that Ching Chiat Kwong, chairman of Oxley Holdings (SGX:5UX
) , paid EUR73,000 to the accounts of councillor Renato Boraso, who is now in jail, for the purchase of Palazzo Papadopoli, a municipal property. The Edge Singapore subsequently reached out to Ching. As a result, Oxley issued a clarification on July 24 and 25 via SGXnet, explaining what actually transpired in Italy.
The source of the Gutzy and AP News reports are ANSA. According to AP News, the mayor of Venice “is under investigation in a corruption scandal that has landed his top public works official in jail for an alleged system of kickbacks in return for granting favours to developers, Italian media reported on July 16,” AP News says.
