BANISHED
BIG ITALIAN CAPITALIST
LONDON, January 24
A Turin message states Comtnendatore Rieeardo Gualino, the internat ional financier, was charged with damaging the nation’s finances. He has been banished for five years to Lipari Island, where he will be at the disposal of the Italian authorities. A French Committee is inquiring into the Oustric affair. Gualino was one of Italy’s biggest businessmen. His position lias been attributed to the grave situation of the Bauca Agricola, which was the instrument of his speculations. Gualino pioneered the artificial silk industry. He led a life of a grand seigneur. He had a magnificent picture gallery, and owned a Moorish castle in the Riviera, a stud of racehorses, having purchased famous thoroughbreds in England. He also bought newspapers. Gualino’s connection with the Oustric Bank affair in Paris was revealed during the Paris inquiry.
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https://paperspast.natlib.govt.nz/newspapers/HOG19310126.2.44
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Hokitika Guardian, 26 January 1931, Page 5
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139BANISHED Hokitika Guardian, 26 January 1931, Page 5
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