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MPS's Profumo and Viola indicted for derivatives (5)

MPS's Profumo and Viola indicted for derivatives (5)

Also Salvadori, trial to start July 17

Milan, 27 April 2018, 17:42

Redazione ANSA

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Former Monte dei Paschi di Siena (MPS) chiefs Alessandro Profumo, now Leonardo CEO, and Fabrizio Viola, as well as former college of auditors chief Paolo Salvadori, were indicted in a derivatives case on Friday.
    The MPS bank was also indicted as such.
    The trial will start July 17.
    Prosecutors had asked the judge to acquit all four.
    The charges are share-rigging (except for Salvadori), and accountancy fraud in accounts for the Santorini and Alexandria derivatives.
    Profumo said "I am surprised but my conscience is clear".
    "We will prove that what we did was correct, and I have total faith in the magistrature," he said.
    In December a Florence appeals court acquitted three former MPS chiefs, Giuseppe Mussari, Antonio Vigni and Gianluca Baldassarri, of charges related to the restructuring of the Alexandria derivative.
    The three had been convicted and handed jail terms of three years, six months in the first-instance trial.
    MPS has seen a welter of probes and woes in recent years and has gone through an expensive turnaround. photo: Profumo (L) and Viola

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