Between 2008 and 2010 in Arezzo in Banca Etruria there were 'the greatest financial distractions, some striking', stated the Chief Prosecutor of the Tuscan city Roberto Rossi before the bicameral commission of inquiry into banks. It was the two-year period of change at the top: Elio Faralli resigned in 2009 and Giuseppe Fornasari took over the presidency.
The magistrate explains that there were financing operations in that two-year period 'striking in terms of the absence of any caution and prudence such as the financing of the largest yacht in the world in a basin with no access to the sea'. The bank aimed to make a dimensional leap. In the following years, on the other hand, also due to the start of the inspections by the Bank of Italy, prudence returned and between 2011 and 2014 the Guardia di Finanza 'identified only 14 non-performing loans over 500 thousand euros'.
