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The governments of Switzerland and Italy are to split evenly €13.8 million, which were confiscated from an organized crime group based in southern Italy.
The Swiss Federal Department of Justice froze the money in 2001 from a bank in the border city of Lugano after an Italian court asked the country's authorities to join the investigation of a money laundering suspect, named by the Italian Ministry of Justice as Ciro Giordano.
Giordano, who was said to have worked for the Casalesi clan that controls a large territory north of Naples, was accused of laundering money for the Camorra, the mafia group from the Campania region of Italy.