The restructuring operation of the Alexandria derivative and the relative connection with the position in Btp were known to all the structures of Banca Monte dei Paschi di Siena. This is what was claimed by the former general manager of the Mps bank Antonio Vigni, accused of obstructing the supervisory activity and questioned today by the prosecutor.
"The transaction was born with this connection" said Vigni, clarifying that the other transaction, the Santorini made with Deutsche bank and subject to restatement by the bank to recalculate the equity and accounting effects, had the same structure.
The former general manager of Mps describes the operation, entered among those contested by the investigation by the Siena prosecutor's office, "as a complicated operation, which the head of finance presented to me as normal". The head of finance in question is Gian Luca Baldassarri, also a defendant who a few days ago in the Court also underlined the irrelevance of the mandate agreement and the fact that the Bank of Italy supervisors had not asked him to account for that document.
During the hearing, Vigni also recalled that the then CFO Marco Morelli had opposed the restructuring operation and had requested an inspection of the finance area which was then carried out.
The former general manager of Monte dei Paschi also ruled out that there could be a connection between the restructuring of Alexandria, which was used for the prosecution to conceal losses, and the remuneration of the coupons on the Fresh share, an instrument among those used at the time by MPS to pay the purchase of Antonveneta which, according to the indictment, was actually a debt instrument and not an equity instrument as instead declared to the Bank of Italy.
Meanwhile, the stock lost 0,29% around 12,30.
