Ruling contradicts FAO-statement: Italian court rules that Francesco Corallo was an FAO-ambassador

POSTED: 12/27/13 3:26 PM

St. Maarten – The press service of BPlus Giocolegale in Rome stated in a press release sent to this newspaper that BetPlus and Atlantis world beneficial owner Francesco Corallo was ambassador of the Commonwealth of Dominica for the FAO – the Food and Agriculture of the United Nations. The report is remarkable, because when the Italian Guardia di Finanza raided Corallo’s home and office in Rome on November 10, 2011, Corallo initially claimed diplomatic immunity, saying that he was an ambassador to the United Nations’ Food and Agriculture Organization FAO for the commonwealth of Dominica. Shortly after the raid, BetPlus issued a statement saying that Corallo had given up his diplomatic immunity and that he was cooperating with the investigation. When this newspaper contacted the FAO headquarters in Rome for a comment on Corallo’s status, the organization said it did not know him. “This man is not an FAO goodwill ambassador,” press officer Maarten Roest told this newspaper at the time. Currently Roest is unavailable for a comment due to the holidays. Shortly after this newspaper sent its request for information to the FAO, the organization issued a press statement to Italian media, stating explicitly that Corallo “is not the organization’s permanent ambassador for the commonwealth of Dominica.” Nevertheless, the BetPlus press office now says exactly the opposite in its statement: “Francesco Corallo was ambassador of the Republic of Dominica at the FAO. This was determined by the magistrate of the court of Rome, who fully acquitted Corallo, because he did not make false statements about his personal qualities during the raid ordered by Milanese prosecutors as part of the investigation into the loans granted by BPM (Banco Popolare di Milano – ed.) to BetPlus.” The statement further notes that at the time of the raid, Corallo produced a diplomatic passport of the Commonwealth of  Dominica that was apparently granted due to his position at the FAO. Later reports surfaced in Dominican media that these diplomatic passports are for sale at $100,000 a piece. The Guardia di Finanza – the Italian fiscal police – accused Corallo of making a false statement about his diplomatic status. “In the expedited case solicited by Corallo, the Rome magistrate has now determined that it was an unfounded accusation,” the statement from the BetPlus press office reads. “The diplomatic accreditation process was actually started but not completed yet.” To date, Francesco Corallo’s name does not appear on the FAO-website as one of its goodwill ambassadors.

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