Palazzolo first hears about American investigations

Palazzolo was informed by Andy Phelan of E.F. Hutton & Co that the Americans were investigating certain financial transactions. It was established by the Supreme Criminal Court of Appeal in the Ticino Canton that before this date he knew nothing about the illegal origins of the funds and had never had any contact with the alleged traffickers. Only his actions after 30th September 1982, the date of Phelan’s call,  were considered to be relevant for the trial.