(ANSA) - Turin, November 13 - Two financial consultants
working for the professional services firms Ernst & Young and
Gualtieri & Associati were placed under formal investigation on
Thursday in connection with the 2012 merger of the Fonsai
investment fund, insurers Unipol and Milano Assicurazioni and
the holding company Premafin.
Paolo Gualtieri, owner of the firm Gualtieri & Associati,
and Enrico Marchi, a partner in Ernst & Young, are being probed
for market manipulation and false accounting as part of a
broader investigation into the way the merger was carried out.
To this end on Thursday finance police searched the Milan
offices of Ernst & Young, Gualtieri & Associati and Boston
Consulting Group for documents pertaining to the 2012 deal.
Prosecutors and finance police also questioned other
financial advisors involved in the 2012 merger as informed
witnesses in the case.
Two advisors in 2012 Fonsai merger probed
Milan offices of E&Y, Gualtieri and Boston Consulting searched