Italian Police have raided Alpi Aviation, an aviation manufacturer that supplies drones for the armed forces on suspicion that it had been bought illegally by Chinese state companies.
According to the Guardia di Finanza of Pordenone Alpi Aviation was illegally purchased by two major Chinese state-owned companies in 2018 and was valued fraudulently.
The police said the real owners of Alpi Aviation were “two important government-owned companies in the People’s Republic of China” and violated national Golden Power law.
Under the Golden Power law, defense firms and strategic companies could only be sold with government permission.
The police added that Alpi did not notify the Italian government of the 2018 change in ownership and only told the Defence Ministry two years later.
Alpi’s lawyers however denied the claims and said the change in ownership was transparent and did not violate any government regulations.
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