The liquidator of the former
Banca Etruria has asked former managers of the middle-sized
central Italian bank, which went bust in 2015, for 400 million
euros in damages, Italian newspapers reported Wednesday.
Among those cited was the former deputy chairman Pierluigi
Boschi, father of cabinet secretary Maria Elena Boschi.
Corriere della Sera, Il Messaggero and La Stampa said there
were 37 people in all cited by the liquidator, whose request has
reportedly been OK'd by the Bank of Italy.
The managers were in charge of the bank from 2010 until it
failed in 2015.
Arezzo-based Banca Etruria was among four regional lenders
that went belly-up leaving small investors holding worthless
bonds.
One Etruria former bond holder, Luigino D'Angelo, killed
himself after losing his life savings.
The other banks were Banca Marche, CariChieti and CariFe.
They have all since been turned into 'good banks' and taken
over by bigger lenders.
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