Sabato, 22 Settembre 2018
SIENA

Nomura says no assets seized as MPS scandal continues

English
© ANSA

Siena, April 16 - Japanese investment bank Nomura
on Tuesday said that none of its assets had been seized
following reports earlier that Italy's tax police had issued
orders to seize some 1.8 billion euros in the bank's assets as
part of its ongoing probes into the scandal surrounding Monte
dei Paschi di Siena (MPS), Italy's oldest lender.
"No Nomura asset has been seized," Nomura said in a
statement.
"Nomura is aware of the statements made by magistrates
regarding the potential seizure of collateral".
Senior officials from MPS are facing penalties totalling as
much as five million euros from the Bank of Italy for alleged
fraud and corruption.
Italy's third-largest lender, which recently revealed
losses of more than three billion euros last year, is at the
centre of a huge fraud probe after a scandal over shady
derivatives operations exploded in January.
It has since emerged that a previously undisclosed series
of derivative and structured-finance deals produced losses of
around 720 million euros.

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