22 arrested in EU probe of Italy's recovery fund fraud

ROME, April 4 (Xinhua) -- Italian police issued at least 22 arrest warrants and seized 600 million euros (650.93 million U.S. dollars) as part of a large-scale probe into a fraud of Italian funds from the European Union's (EU) NextGenerationEU recovery plan, authorities said on Thursday.

The Italian financial police (GdF) told local media the suspects allegedly tried to embezzle EU funds intended for Italy.