In the appeal process for the alleged irregularities of some structured finance transactions carried out by Mps between 2008 and 2012, the Milan Public Prosecutor’s Office asked to condemn all the accused, but with a reduction of the penalties for the prescription route.
Four operations under the lens, Alexandria, Santorini, Chianti Classico And Freshcarried out by the Sienese bank between 2008 and 2012, to cover the losses deriving from the acquisition of Antonveneta.
According to the Ansa agency, Deputy Attorney General Gemma Gualdiafter underlining that no one has adhered to the invitation to an arrangement on appeal, that is a plea bargain, which would have allowed for a “more favorable” sentence, reiterated the criminal responsibility of the accused inviting the college to “take into account the ‘intensity of the willful misconduct and the severity of the damage caused’ and the high number of offended parties, some of which with institutional roles, such as Bank of Italy and Consob.
Mps, asked for confirmation of the sentences for the former leaders
Thus, again according to the ANSA agency, they were proposed for the former leaders of Monte Paschi Giuseppe Mussari and Antonio Vigni 6 years and 4 months and 6 years in prison, 4 years and 6 months respectively for Daniele Pirondini, 4 years for Gian Luca Baldassarri and 3 years for Marco Di Santo, former manager also of Rocca Salimbeni. And, then, 4 years and 3 months for Ivor Scott Dunbar, Michele Foresti and Michele Faissola, former executives of Deutsche Bank, and 3 years for Matteo Angelo Vaghi and Dario Schiraldi, always ex Db. Same penalty for Marco Veroni, to the time employee of Deutsche Bank Ag London Branch, to which are added the 4 years for Sadeq Sayeed and one less for Raffaele Ricciboth formerly of the Japanese bank.
According to the calculations, for the general power of attorney a series of episodes of false corporate communications, false prospectus and obstacles to the activities of the supervisory bodies are prescribed or close to prescription, while those relating to market manipulation remain standing.