The lira is still being used in Italy – by the mafia

Organised criminals are using the former currency for illicit transactions, according to one senior Italian police officer, despite the Italian lira not being legal tender since 2002 when Italy joined the euro.

“We still discover big amounts of liras,” Giuseppe Arbore, a deputy in the Guardia di Finanza, Italy’s financial police, told parliament on Thursday. “Italian liras still constitute parts of illicit transactions.’’

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