• Court of Appeal cancels Consob fines to Banca Etruria also on bonds

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January 31, 2019The judge of the court of Arezzo, Giampiero Borraccia, sentenced the former president of Banca Etruria Giuseppe Fornasari to 5 years imprisonment and the former general manager Luca Bronchi in the process, with abbreviated procedure, for the crash of Arezzo credit institute.

The other two defendants who chose the shortened procedure, the other former general manager Alfredo Berni and the former board member Rossano Soldini, were sentenced to two years and one year respectively.

For another 25 suspects, all former executives and councilors, the judge decided to adjourn in ordinary proceedings.