Domenica, 21 Ottobre 2018
ROME

Siena prosecutors question Mussari in MPS probes on Monday

English
© ANSA

Rome, February 4 - Italian prosecutors in Siena
said that they will question former Monte dei Paschi di Siena
(MPS) chairman Giuseppe Mussari on Monday for probes into
alleged fraud at the troubled bank.
Prosecutors will also question former chief executive
Antonio Vigni on Wednesday.
MPS was thrown in 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 bribery and corruption by
bank officials regarding, among other things, the costly
nine-billion-euro acquisition of rival Antonveneta in 2008.
Former chairman Giuseppe Mussari quit as the head of
Italian banking association ABI soon after the scandal broke.
He is said to have personally authorised at least one of
the derivative operations at the centre of the storm.
He denies any wrongdoing.

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