Alfredo Robledo, assistant prosecutor of Milan, at the end of his indictment at the trial on derivative contracts stipulated by the Municipality today, he asked the condemnation of Deutsche Bank, Depfa, JP Morgan and Ubs, charged in the trial for fraud against the Municipality of Milan, the payment of 1 million euros each in fines, the ban on contracting with the public administration for one year and the confiscation of a total of 72 million euros.
As regards the 13 accused of fraud on derivatives for the 1,68 billion euro bond maturing in 2035, the prosecutor requested four acquittals (two bank representatives, a consultant and a municipal official) against nine convictions, with sentences of up to 12 months, for as many bank officials.
