Two former Etruria Bank
managers have been placed under investigation on suspicion of
conflict of interest, prosecutors said Tuesday.
The suspects are the bank's last chairman, Lorenzo Rosi,
and the former board member Luciano Nataloni, ex deputy chairman
of Banca Del Vecchio.
They are being probed in the third strand of an
investigation that has also concerned allegations of false
invoicing and obstruction of oversight.
Rosi and Nataloni were named in an official report drawn up
by Bank of Italy inspectors following checks.
The inspectors alleged a conflict of interest for Rosi in
relation to the cooperative 'La Castelnuovese' that he chaired.
Nine separate allegations of conflict of interest were
moved against Nataloni.
Banca Etruria is currently under the spotlight as one of
four failed banks recently rescued by the government.
Last week pensioner Luigi D'Angelo, 68, hanged himself
after losing his life savings in now worthless Banca Etruria
bonds.
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