(By Paul Virgo).
(ANSA) – Arezzo, February 11 – Arezzo’s bankruptcy court on
Thursday declared the ‘old’ Banca Etruria insolvent, upholding a
request by bank commissioner Giuseppe Santoni.
The court instead rejected an objection that last year’s
Banca Etruria rescue was unconstitutional, filed by defence
lawyers for the bank’s last president, Lorenzo Rosi.
The legal documents will now be transferred to the
prosecutor’s office in the Tuscan city, paving the way for the
possible opening of a probe into fraudulent bankruptcy.
Rosi’s lawyers said they would appeal the insolvency
ruling.
Premier Matteo Renzi…
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