Domenica, 21 Ottobre 2018
MILAN

Grilli to discuss Monte dei Paschi in parliament

English
© ANSA

Milan, January 24 - Italian Premier Mario Monti
on Thursday said Finance Minister Vittorio Grilli would be
available to answer questions in a parliament audition in
relation to the government's role in the breaking Monte dei
Paschi derivatives scandal.
Monti was speaking to journalists at the World Economic
Forum in Davos, Switzerland.
Monte dei Paschi, the world’s oldest bank, is embroiled in
a breaking derivatives scandal after reports emerged that a
three-year-old deal with Japanese bank Nomura meant it would
book additional losses running in the millions of euros.
Some media outlets are reporting the losses could be as
high as 700 million euros.
Opposition members are slamming Monti's technocrat
government for not having carried out proper due diligence of
the bank before the state gave Italy's third-biggest lender 3.9
billion euros in government aid last year.
The news led to the resignation of Monte dei Paschi
ex-chairman Giuseppe Mussari from his post as chief of the
Italian banking association ABI on Wednesday.
Mussari denies any wrongdoing.
The Bank of Italy on Wednesday said it had been unaware of
the bank's current situation, adding that they were related to
documents that had been "hidden" by the previous management.

© Riproduzione riservata

* Campi obbligatori

Immagine non superiore a 5Mb (Formati permessi: JPG, JPEG, PNG)
Video non superiore a 10Mb (Formati permessi: MP4, MOV, M4V)

X
ACCEDI

Accedi con il tuo account Facebook

Login con

Login con Facebook
  • Seguici su
X