European Stars And Stripes (Newspaper) - March 31, 1985, Darmstadt, Hesse                                The stars and stripes Page 19 business news italian fugitive May shed Light on scandals by Dionne Rome not the arrest earlier this month of Francesco Pazienza by the customs service May shed some Light on scandals that have rocked Italy in the past five including the collapse of the Banco am a 38yearold italian business was arrested in new York on March 4 by customs offi who described him As Italy 1 he is being held on behalf of the italian authorities without bail pending extradition which Are expected to be completed in about a italian authorities believe Pazienza can assist their inquiries into not Only the collapse of the Banco ambro the main interest of the american but also the equally Complex scandals involving the propaganda 2 masonic Lodge and its relationship to parts of the italian secret who has been sought by authorities in Milan since april is wanted in connection with charges of fraud and misappropriation of funds in 1981 and 1982 stemming from the collapse of the Banco he was charged after his the circumstances of Pazienza like Many aspects of his have elements of the spectacular and the when Pazienza walked into the customs offices in new he was not expecting to be Accord ing to his he thought he was to have further consultations with customs who have been seek ing information from him about some billion miss ing from the Banco Patrick the assistant regional commissioner for enforcement at the customs services new York said that customs officials had met with Pazienza digest penalty tree Ira accounts proposed in Senate Bill Washington a tax deferred individual retirement accounts have been a Boon to taxpayers and the nations savings Pool since they were liberalized in now a move is under Way to give depositors penalty free Access to their Ira Money at any its time to recognize that our citizens Are intelligent enough to determine the Best uses for their savings without being locked William told col leagues last week while introducing a Bill to repeal the 10 percent tax penalty for premature withdrawal of Money from an the idea is being pushed by the investment company whose members stand to gain from anything that increases the Institute estimates 23 million House holds now own an Ira and that As Many As 19 million More would open iras if the tax penalty were a worker May set aside up to a year in an Ira and pay no tax on that Money or the interest it earns until it is withdrawn at age or an extra a year May be contributed to an Ira for an unemployed Early withdrawal results in the tax and often a penalty from the institution that holds the the internal Revenue service says million couples and individuals claimed Ira tax deductions totalling billion when they filed their tax returns last that compares with million and billion the year authorities estimate iras result in the saving of about billion a year that otherwise would be property tax revenues rebound after 1970s fax revolution Washington a cities and counties get 76 percent of their revenues by taxing during the collections Rose steadily at an average annual rate of Between 1977 and in the Wake of tax cutting measures like californian proposition state and local property taxes Rose at a rate of Only 3 percent a the a foundation now theres a new from 1980 to the non partisan research organization property taxes grew by nearly 30 including a 9 percent gain in on a per capita collections from that tax source increased by 77 percent from 1973 through from to in september 1984 to discuss the Banco Ambrosiano Case and the possible laundering of the missing what we were trying to do is Trace the and he knew As much about it As Obrien he was not arrested at the earlier Obrien because the necessary paperwork had not been italian investigators believe that Pazienza knows a Good Deal about Loans by Banco Ambrosiano to a num Ber of Dummy mostly in latin that abruptly left the Bank with billion in Obrien said the United states investigation focused on the possible laundering of several Hundred million but both Obrien and Dennis the customs services special agent for denied that any Deal had been struck with Fagan emphasized that at the time of Pazienza he was being considered As either a defendant or a witness in the in the Ambrosiano and the customs service had not yet decided italian officials want to question Pazienza about Many other matters As notably the death of Roberto the head of Banco Calvi was found hanging beneath Blac friars Bridge in London in june 1982 and Pazienza was in London a few Days before Calvis Calvi had hired Pazienza to help him assemble a group of new investors to get the Bank out of financial difficulty and to help Ward off italian Pazienza was known for his extensive contacts in the ital Ian financial and political Pazienza was a close aide to Giuseppe the former head of the italian intelligence the Servizio inform Zione e Sicurezza or Ohio Bawn scr costs vhf tic just am isolated according to an italian parliamentary Pazienza was the moving Force behind a group within the italian intelligence service known As super the group has been accused of carrying out illegal activities for the italian intelligence notably italian courts have also said Pazienza served As a Liaison Between super s and the Santovito was subsequently forced to resign after his name appeared on the list of members of the p2 the lodges membership included Many of Italy most important Public its members were accused of conspiring against the italian state and the discoveries about the Lodge brought Down the government of prime minister Arnaldo fora even More Peculiar Are Pazienza claimed friendships with american mostly conservatives and re according to Richard former ambassador to Pazienza apparently attempted to serve As a link Between italian officials and the incoming Reagan administration after the election of during my last months As i was in formed by people in Washington that Pazienza was act ing As a go Between Between the new Reagan administration and the italian Gardner said in a Telephone interview from his office at Columbia Law where he is now a he May have been doing it on his own to make himself look Gardner i have no idea whether he had any mandate from the Reagan who said he had no Contact with was appointed ambassador to Italy by president Carter and served from March 1977 until March duties imposed on Canadian pork Washington up the Commerce depart responding to hog producers is sued a preliminary ruling last week imposing duties on Canadian hogs and pork to offset subsidies paid to Ca Nadian american who receive no government Price argued in a complaint 2 that canadians Are Selling hogs and pork products in the Market in violation of International Trade they charged that Canadian hog subsidized by Canadas National and provincial were exporting an estimated 30 percent of their production to the United agriculture Secretary John an Illinois hog said he was pleased by the which he says tells the world we will not Back off from our responsibilities to the american Farmer in challenging unfair Trade imports of Canadian hogs totalled million in up 195 percent from january imports were 99 percent higher than in the first month of imports of fresh and chilled pork Rose by 33 percent last year and Frozen pork Rose by 14 secret pain formula Sparks intrigue Miami up a chemical formula for paint that Alleg edly can be applied underwater will remain in police custody until a judge decides whether it belongs to the wife and Busi Ness partner of its slain inventor or to his chemist Charles Wood allegedly devel oped a paint that can be applied to the Bottom of ships while they Are the Miami Herald his Doris and his business George filed a lawsuit last week claiming the formula be Longs to the formula has not been patented and the paint has never been you got a million Dollar paint a million Dollar Haile youre talking about painting super tank ers with this without taking them out of the Daniel de the owner of craftsmen builders sup the North Miami paint manufacturing firm where Wood was working when he says the formula is if Charlie was working for me and he developed it on my to whom does it belong de Muro according to the Haile first approached Wood two years ago with the idea of producing a paint for merged the suit says Wood was successful and says the research was not done at the lawsuit says the Only copy of the formula was in Woods which was at work with him when he was robbed and beaten to de Muros also was beaten to death in the attack and police arrested a former craftsmen employee for the investigators believe the who is still awaiting killed the two to prevent them from identifying him in the and that neither the Rob Bery nor the murders were related to the paint Haile and Wood claim de Muro got the formula from the which remained in the craftsmen of and threatened to destroy it if he is not Cut in on any profits to be made from its i spoke to and he said it was really if he  do what he wanted to with he would destroy it and nobody would get the said Woods de Muro said he never makes the Case was assigned to Dade county circuit judge David who ordered police to take custody of the formula until the dispute is two officers from the metro Dade police departments civil process Bureau visited de Muros firm and took what they thought was the Haile said the officers got the wrong an old version that had already been he claims de Muro already has destroyed the real