Mps, closed the investigation of former executives; the accusation: “hidden losses … – The Nation

Siena, April 3, 2015 – False accounting and market manipulation. For these offenses, the Milan prosecutors closed the investigation, carried out by the military police of the core currency of the Guardia di Finanza in Rome, against former executives of Banca Monte dei Paschi di Siena. The investigations of the yellow flame allowed to bring out a hypothesis of accusation by concealment of losses of more than 300 million Euros are not highlighted in the income statement for the year ended December 31, 2009.

THIS IS WHO ‘WAS NOTIFIED THE NOTICE OF TERMINATION INQUIRIES – The notice of inquiry and order’ was notified to Giuseppe Mussari , former president of the bank Siena , to Antonio Vigni , former general manager, Gianluca Baldassarri, former chief Finance Area, Sadeq Sayeed, former CEO of Nomura International Plc London, Raffaele Ricci, sales manager for Europe and the Middle East at Nomura, in addition to the same Monte dei Paschi and Nomura. The offenses alleged by Milan prosecutors refer “to the 2009 budget approved in 2010 by BMPS in connection with the operation of structured finance aims to restructure notes Alexandria owned” by the bank Siena.

DERIVED SANTORINI, OPEN INVESTIGATIONS – I’m still open investigations at the center with the operation on the derivative Santorini made by Bank Monte dei Paschi di Siena with Deutsche Bank . The notice of closure of the preliminary investigation today notified former president of Mps Giuseppe Mussari and other suspects merely concerns the operation on the derivative Alexandria with the Japanese Nomura. The investigations on derivatives Alexandria and Santorini , conducted by MPS before the acquisition of Antonveneta, were transferred last September by the Prosecutor of Siena Milan to territorial jurisdiction. I am Stephen Civardi , Jordan Baggio and Mauro Clerici , coordinated by the deputy prosecutor Francesco Greek, they then separate the two strands, closing only for now tranche on the transaction with Nomura. Furthermore the investigation remains open with the center acquiring Antonveneta by MPS, also in this case in the past transferred from Siena to Milan to territorial jurisdiction.