Stock market regulator CONSOB on
Friday handed out a total of 2.76 million euros in fines over
Banca Etruria, a lender that went insolvent in 2015, leaving
bond and shareholders out of pocket, to former executives,
including ex-president Giuseppe Fornasari.
Pier Luigi Boschi, a former vice president of the lender and
the father of Cabinet Secretary Maria Elena Boschi, was hit with
a fine of 120,000 euros.
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