Rome

Only former MPS management probed, Italian prosecutors say

Ex-president Mussari, past executives suspected of fraud

Only former MPS management probed, Italian prosecutors say

Rome, January 30 - Italian prosecutors confirmed Wednesday that only former management of the troubled Monte dei Paschi di Siena (MPS) was being investigated. Prosecutors are probing former president Giuseppe Mussari as well as other past executives for fraud. Focus is trained on the controversial takeover by MPS of a smaller bank, Antonveneta, in 2008, at what many say was an inflated price and led to many of the current problems.

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