Obstruction of supervision and suspicious loans. These are the objections that the Rome prosecutor's office has raised against Veneto Banca, in whose offices the searches of the Guardia di Finanza are currently taking place.
According to the Prosecutor's Office, in fact, the institute founded in Montebelluna would have indicated in the reports sent to the Bank of Italy a more prosperous situation than the real one, thus hindering the functions of the public supervisory authorities. In the crosshairs, then, some loans granted in the absence of safeguards ended up, with consequent losses of over 192 million euros.
Furthermore, Veneto Banca is facing a period of transition: it is, in fact, an unlisted popular cooperative, but with shares widely distributed among the public. It is one of those banks, that is, which is one of the institutions that will have to adapt to the reform of public banks contained in the so-called “investment compact”.
In addition to hitting the main offices of the institute, the searches by the Fiamme Gialle also affected members and entrepreneurs entrusted with loans by Veneto Banca. Among these, the names of the'former managing director of the institute, currently general manager, Vincenzo Consoli, and of the former president Flavio Trinca.
