Italian Police have announced that they have seized more than €1.6 bn ($1.76 bn) from 5 siblings with suspected links to the mafia.
The five are suspected in being connected to the islands ‘Cosa Nostra’ mafia, and where believed to help the group by assisting them to secure construction contracts.
The siblings, three brothers and two sisters are all aged in their sixties and seventies.
According to Italian media they all worked as labourers in the 1980s but then went on to become billionaires.
Police in the isalnds capital, Palermo, have said that Wednesdays raid was one of the largest that they have ever carried out.
Cosa Nostra, along with the Calabrian ‘Ndrangheta and the Camorra around Naples have long been ingrained in Italian society, they regularly gain government contracts for public services or construction.
Police are sue to give more details in a conference later on Wednesday.
By Fiona Carty