Siena

Ex MPS chief Mussari contested on arrival for questioning

Protesters throw coins, shout 'thief' and 'buffoon'

Ex MPS chief Mussari contested on arrival for questioning

Siena, February 15 - Monte dei Paschi di Siena (MPS) former chairman Giuseppe Mussari met with a small crowd of angry protesters Friday as he entered the local courthouse for questioning by prosecutors over his role in a major financial scandal at his troubled former bank. People threw coins and shouted ''thief'' and ''buffoon'' at the former chair who resigned as chief of the Italian banking association ABI last month after it emerged that shady derivatives operations conducted by MPS while he was at the helm had led to previously undisclosed losses of hundreds of millions of euros. Mussari is now reportedly under investigation for market manipulation, fraud, obstructing the work of banking watchdogs, issuing false statements and - as of Thursday - collusion in obstruction of proper oversight with the former head of the MPS finance department Gianluca Baldassari and ex-director-general Antonio Vigni. Separate probes into the scandal at the world's oldest bank are underway in Rome and Trani in the southern region of Puglia.

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