Milan Corruption Probe Casts Shadow Over Property Boom

For the past decade Milan has been in the grip of an extraordinary property boom. Now, a sprawling corruption probe into the city’s real estate industry threatens to cast a shadow over Italy’s financial capital.

Prosecutors are investigating more than 70 people, including mayor Giuseppe Sala, while the city’s best-known developer will be questioned by the police and faces arrest, according to reports and documents seen by Bloomberg.