"The fact does not exist." With this formula, Alessandro Profumo and Fabrizio Viola, former top management of Monte dei Paschi di Siena, and Paolo Salvadori, then chairman of the board of statutory auditors, were acquitted on appeal in Milan, along with the bank, in the trial for false accounting and financial statement rigging. "I'm excited, after 8 years of suffering..." This is how Profumo, the former president of MPS, commented on the Court of Appeal of Milan's decision, his voice torn by emotion. "I have always had faith in justice and I am also very happy for the bank because this sad affair is closed," she said. The offenders were charged with rigging and fraudulent statements, and were sentenced to 6 years in jail in the first instance. With the Court of Appeal of Milan's acquittals, the pecuniary sanctions of 2.5 million euros imposed jointly and severally on Alessandro Profumo and Fabrizio Viola, as well as the punishment of 800 thousand euros imposed by the Court on the bank, were also reversed. The judges of the second criminal section also overturned the compensation given to over 2,000 civil parties in separate proceedings.
|