Rome prosecutors on Tuesday
requested the indictment of former Veneto Banca CEO Vincenzo
Consoli, former president Flavio Trinca and another nine former
administrators and managers for alleged irregularities in
running the troubled middle-sized lender from 2012 to 2014.
The main charge is obstructing the work of public oversight
authorities, judicial sources said. Those probed are accused of
giving a false impression of the bank's solidity to the Bank of
Italy. Veneto Banca is now being rescued along with Banca
Popolare di Vicenza by Italy's largest retail bank, Intesa
Sanpaolo, with the help of the Italian State.
photo: Consoli (L) and Trinca
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