Audit Court 'perplexed' at CDP role (2)

(ANSA) - Rome, July 29 - Italy's Audit Court on Friday said it nurtured "perplexities" about the role State lender Cassa Depositi e Prestiti (CDP) had played in recent financial rescue operations for several Italian banks and for the ILVA steel works in Taranto. It said was concerned about the compatibility with the CDP's statute and about the size of the funding involved. It referred to the fund used for Banca Etruria in 2015 and the recently created Atante fund that has been deployed for the Banco Popolare di Vicenza and Veneto Banca in addition to the ILVA intervention.