The board of the old Banca Etruria is under investigation for fraudulent bankruptcy. In the register of suspects also Pier Luigi Boschi , the father of the Reform Minister Maria Elena Woods .
All fifteen members last Board of Directors of Banca Etruria are recorded under investigation for fraudulent bankruptcy. Also appears in the list Pierluigi Woods, father of Reforms Minister Maria Elena Boschi .
Woods father from May 2014 to February 2015 he was vice president without delegation of the People Arezzo.
a trip the inscription was the delegation of survey given to the Guardia di Finanza of Arezzo for severance pay 1.2 million euro approved by the board to the former general manager Luca Bronchi (also investigated) in July 2014, when already la.banca was in fact in a state of financial distress.
they find foundation, then, are the rumors published by some newspapers today, although by the prosecutor in Arezzo do not come out nor confirmed nor denied. There is even the strictest of confidence on the next possible seizure of the digit to former general.
Validation of bronchi, deliberate all over the board of directors, it is not the only reason why the directors are under investigation. By the same logic followed by investigators after the declaration of insolvency of the Bankruptcy Court, even the 15 million euro of advice given by the bank in 2013-2014 and millionaires credit granted to local companies become insolvent and no longer returned alleged embezzlement, Chapters check the assumed fraudulent bankruptcy. It is not excluded that even the members of the previous board of directors may end up under investigation.
The new surveys – the fifth strand of Etruria on management – have graduated through the insolvency of the old Banca Etruria, established by the Bankruptcy Court Arezzo last month, and touch on the institute’s leaders in office at that time. The investigation is followed by a pool of four judges, headed by the Chief Prosecutor Roberto Rossi, team dedicated solely to cases of fraudulent bankruptcy.
The most significant trend is exactly what the exposures, dished out loans “friends” of interest of directors and become non-performing loans: Bank of Italy reported 198 positions for a total of 185 million euro and discovered dozens of flimsy sureties. Until the institute was “performing”, that is, with sufficient liquidity to operate, the prosecutor in Arezzo did not consider these expenses as embezzlement.
The declaration of insolvency, however, overturned everything. The Bankruptcy Court has rejected every point of the appeal filed by the lawyers of former President Rosi, beginning with the question of the constitutionality of the decree saving banks, defined as “irrelevant for decision-making and completely unfounded.” Financial status in which it was delivered the old Banca Etruria at the time of liquidation, then, did not leave a chance.
The situation of liquidity “was very serious – reads the sentence – fell to just 335 million euro. ” Shareholders’ equity was fully eroded and negative 1.1 million, while the equity deficit had inched up to 305.3 million euro. “The judgment about the ability to overcome the state of insolvency can only be negative. Emblematic also the debt of 283 million euro against the resolution Fund intervened to capitalize on the New Banca Etruria.”
No comments:
Post a Comment