Saturday, March 26, 2016

Popolare Vicenza, stop the action of the members of responsibility – The Messenger

For the Banca Popolare di Vicenza (BPVi) new meeting of shareholders by the white-hot climate, after the one in early March had already decreed the transformation in society stock company (spa). The members of the credit institution, which is going through a complex financial phase and is struggling with a new capital increase of 1.5 billion euro, on the one hand approved the financial statements of 2015 (closed at a loss of over 1, 4000000000) and on the other have rejected the promotion of an action for damages against the former leaders.

the lawyer Renato Bertelle, which defends many small shareholders of Banca Popolare di Vicenza, in the opening meeting, had submitted a proposal to vote of liability action against the board of directors and the supervisory board “in office at the time of the facts” alleged. Bertelle asked more than € 1,804 million in damages “for illegal places made available by the bank before 2015 but discovered” during the year. But the proposed action for damages was rejected dall’assise, with 38,05% of the capital intervened in favor, against the 18.64% and as much as 43.29% of abstentions. The assembly of Vincenza Banca Popolare approved the 2015 budget with the favorable vote dell’89,52% of the capital intervened, contrary to 6.2%, and the abstention of 4.27% of those present.

Controversy on remuneration of the managing director Francesco Iorio, that in the period from June to December of 2015 received 2.678 million euro, of which 1.8 million as the input one-time bonus. “With regard to my bonus – has – I would like to point out three things Iorio said at the meeting: first the non-collection of previously accrued bonus in Ubi Bank, according to the contract signed retention, and finally I was general manager of the fourth Italian bank (for Ubi in fact) and I came to collect a major professional challenge but also very risky both from the professional point of view that reputation. “
 
 

 26/03/2016 15:56:22

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