AGP Executive Report
Last update: 11 hours agoCross-border anti-mafia crackdown: Italy seized more than €200m (about £173m/$232m) in assets tied to late Sicilian boss Matteo Messina Denaro, including villas, gold bars (12kg/26lbs), cash, watches and stakes in a Lebanese bank, with searches across Italy and offshore-linked jurisdictions including Andorra plus Gibraltar, the Cayman Islands, Monaco, Switzerland, Luxembourg, Spain and Lebanon; prosecutors say the goal is to dismantle the financial infrastructure of Cosa Nostra and prevent it from rebuilding. Local governance & procurement risk: In Spain’s Catalonia, a judge in El Vendrell found former Altafulla officials linked to legal-services contracts bypassed open tender rules, with payments exceeding €37,000 via direct awards to firms connected to politicians between 2013 and 2019. Sports business education: The NBA named TECH Global University its Official Online University, launching multi-year programs focused on the business of the league. Finance & governance (Real Madrid): Enrique Riquelme’s Real Madrid presidential bid faces a bank-guarantee hurdle, reportedly pushing him to seek support from Andorra’s Andbank and Canada’s Scotiabank after Spanish banks declined. Andorra in the travel economy: Accor’s summer sale includes participating hotels in Andorra for stays July 3–Sept 7, 2026.
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