No evidence of bribery in MPS-Antonveneta case

Prosecutors conclude investigation of bank takeover deal

No evidence of bribery in MPS-Antonveneta case

(see related) Siena, July 31 – There was no evidence found of bribery in the 2008 takeover deal of rival bank Antonveneta by Monte dei Paschi di Siena (MPS), prosecutors said Wednesday. Nor was evidence of actions for personal benefits found, prosecutor Antonino Nastasi said during a news conference to announce the conclusion of an investigation into the acquisition of Antonveneta by scandal-plagued MPS. MPS is at the centre of a series of criminal probes that have come to light after a scandal over shady derivatives operations exploded in January.

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