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Wednesday, August 22, 2018

Italian Government Warned 6 Months Ago Over Deadly Genoa Bridge As New Footage Shows Moment Of Collapse

The public shock and fury surrounding one of the biggest infrastructure tragedies in Italian history is about to get worse. Days after a 200 meter section of the Morandi bridge in Genoa collapsed, killing 43 people, it emerged that Italian transport ministry officials were warned of weaknesses in the viaduct and corrosion in the bridge's cables some six months ago.

According to a study by Autostrade per l’Italia, the country’s biggest motorway toll company, some of the columns supporting the bridge were estimated to have lost 20% of their resistance capacity and needed repair the FT reported. On Monday, the transport ministry, Autostrada and the architect tasked with investigating the collapse confirmed that the findings had been discussed by civil servants in February.

The revelation that the government was aware of the structural weaknesses in the bridge will undermine attempts by the populist coalition to pin blame for the disaster squarely on Autostrade and its parent company Atlantia whose shares have been crushed in recent days amid concerns the government would nationalize the company's contract in retaliation. It will also hinder efforts to blame EU austerity for preventing Italy from keeping its infrastructure up to date.

In a confusing back and forth, the government which came to power in May (and sent Italian bonds into a tailspin) told Autostrada that it intended to revoke its license to operate about half of Italy’s toll motorways, and refused an initial offer by the company of €500m for repairs and compensation. The price of shares in Atlantia fell as much as 9% on Monday before rebounding into the close, after tumbling the most on record last week.

Furthermore, the objectivity of the official investigation by the transport ministry into the collapse has also been questioned after it emerged that the ministry appointed the same official who assessed the Autostrade proposals to head the ministry’s investigation into the accident.

Roberto Ferrazza, a transport ministry architect in Genoa, was part of a provincial board overseeing public works. He said he assessed the project proposed by Autostrade to carry out maintenance and repair works on the bridge in February this year. Last week he was appointed to lead the ministry’s investigation into the collapse.

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