The Italian tax authority has opened an inquiry into allegations that members of the Agnelli family, who controls Fiat, are holding undeclared funds abroad.
According to The Daily Telegraph, the probe has been launched due to statements made during a legal case brought by Margherita Agnelli de Pahlen, arguing that she had not received her due inheritance after the death of her father, the former Fiat chairman Giovanni Agnelli, who died in 2003. "The inquiry has been opened after various reports by the heirs on the existence of assets abroad," tax authority Director Attilio Befera said in response to a report on Mediaset's TG5. Full story...
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