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Banca Etruria, top management acquitted

Giuseppe Fornasari, former chairman of the board of directors of Banca Etruria, Luca Bronchi, former general manager and Davide Canestri, current central manager, were acquitted in the Banca Etruria trial. The investigating judge of the Court of Arezzo canceled all the accusations of the prosecution relating to the obstacle to supervision in the first instance.

Banca Etruria, top management acquitted

Giuseppe Fornasari, former chairman of the board of directors of Banca Etruria, Luca Bronchi, former general manager and Davide Canestri, current central manager, were acquitted in the Banca Etruria trial. The investigating judge of the Court of Arezzo canceled all the accusations of the prosecution relating to the obstacle to supervision in the first instance.

The three defendants were accused of having financed the purchasers of the Palazzo della Fonte company, which incorporated the real estate assets of Etruria, with 10,2 million, but according to the judges "The fact does not exist".

As for the charge of concealment of non-performing loans in the 2012 budget, according to the court. "The fact does not constitute a crime". The Prosecutor of Arezzo has already announced an appeal.

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