• Financial Times: Count related to investment fund investigated by the Vatican

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October 28, 2019The question relating to the case of the Fiber 4.0 group "has also been addressed by the Italian Competition Authority. I provided the Authority with all the information requested" and "by letter dated January 24, 2019, the general secretary of the Competition and Market Supervisory Authority announced that, in light of the replies I offered, "the Authority, in its meeting of January 23, 2019, decided not to start any proceedings, as it did not consider the conditions for the application of the law to exist ". This is stated by the premier Giuseppe Conte.

Palazzo Chigi: 'Ft Article? No Conflict of Interest Interest
Previously, a note from the Council Presidency regarding the article in the Financial Times had been communicated. "As for the facts reported by the Financial Times, we specify that Conte only gave a legal opinion and was not aware of it and was not required to know that some investors referred to an investment fund supported by the Vatican and today the focus of a 'investigation".

"At the beginning of May 2018, the then Attorney Conte was commissioned by Fiber 4.0 to write a pro-veritate opinion on the possible exercise by the government of golden Power's powers towards the Retelit company. moment, obviously, nobody could have imagined that, a few weeks later, a government presided over by the same Count would be called upon to pronounce himself on the specific question that was the subject of the opinion, "reads the note from the Presidency of the Council.

"In order to avoid any possible conflict of interest, the President Conte also abstained formally from every decision regarding the exercise of the golden Power. In particular he did not take part in the Council of Ministers of 7 June 2018 (during which it was deliberated the exercise of the powers of golden Power), abstaining formally and substantially from any assessment. It should be noted that on that occasion the president count was engaged in Canada for the G7, so there is no conflict of interest, which risk was also already been feared by some newspapers at the time. The circumstance had already been clarified and, in particular, it had already been clarified that Conte never met or met Mr. Mincione ", concludes the note.

FT: Count related to investment fund investigated by the Vatican
According to what the Financial Times has written, an investment fund supported by the Vatican is at the center of a corruption investigation and Giuseppe Conte, who would have given legal advice before being named prime minister, would be connected to the fund. The connection with Conte, revealed in documents viewed by the FT, "will probably trigger investigations by the Vatican Secretariat of State, which is the subject of an internal investigation into suspicious financial transactions".

In May 2018 the then Attorney Conte had received from the company Fiber 4.0 the task of writing a pro veritate opinion about the possible exercise by the government of the powers of "golden power" towards the company Retelit. The opinion drafted by Conte considered it appropriate to exercise the "golden power" and a few weeks later the government, presided over by Conte, actually decided to exercise the powers of "golden power". The President Conte, however, did not take part in the Council of Ministers of 7 June 2018 during which the deliberation took place. The main investor in Fiber 4.0 was the Athena Global Opportunities fund, funded entirely for $ 200 million by the Vatican Secretariat and managed and owned by Raffaele Mincione.