Giovedì, 18 Ottobre 2018

Ex-MPS chief Mussari refuses to answer prosecutors


Siena, February 4 - Giuseppe Mussari, the embattled
ex-chairman of the Banca Monte dei Paschi di Siena (MPS) bank,
met prosecutors in Siena on Monday, but did not answer their
questions, his defense lawyer Fabio Pisillo said.
Pisillo said Mussari would speak, but not without the
additional presence of his other defense attorney, who was busy
with another case on Monday.
Prosecutors called Mussari to question him about alleged
fraud at MPS, which was thrown into crisis in January when it
emerged that a shady series of derivative and structured finance
deals produced losses of 720 million euros.
There have also been reports of bribes and corruption by
bank officials regarding, among other things, the
nine-billion-euro acquisition of rival Antonveneta in 2008.
In questioning with police in Rome, Antonio Rizzo, a former
manager for Dresdner Bank, on Monday reiterated his allegation
there was a ''5% gang'' of MPS managers at the time of the
Antonveneta takeover who took an kickback on every bank
Mussari became chairman of the banking association ABI
after he left MPS, but resigned from the post after news of the
derivatives scandal broke in January.

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