The entrepreneur and publisher Francesco Gaetano Caltagirone, the president of Luxottica Francesco Milleri and the CEO of Monte dei Paschi di Siena, Luigi Lovaglio , are under investigation for the operation that brought Mediobanca under the control of the Sienese institute , which rose from the ashes of the crisis of recent years.
They had been registered months ago, when news of investigations into the new "banking risk" game had already emerged before the summer, but yesterday, with a series of searches and document acquisitions on multiple fronts that continued throughout the day, it emerged, and with the stock market still open, that the Milan Public Prosecutor's Office was investigating them for stock market manipulation and obstruction of supervisory authorities.
The Caltagirone Group and Luxottica's Delfin holding company have also been registered under the law on corporate administrative liability. All are under investigation in an investigation centered on an alleged agreement and a series of irregularities related to the public exchange offer that led the Siena-based bank to acquire a majority stake in Piazzetta Cuccia. A statement was immediately issued by MPS informing them that they had received notification of a search warrant and that a notice of investigation had been sent to "Dr. Luigi Lovaglio, in his capacity as CEO." The bank is confident that it will be able to provide all the necessary information to clarify the correctness of its actions and expresses its full confidence in the competent authorities, with whom it confirms its full cooperation.
The Caltagirone Group also expressed its trust in the magistrates and fully cooperated with the investigators. In a statement, it emphasized "the absolute correctness of its representatives, who have consistently acted in compliance with market rules and have dealt transparently with all supervisory authorities."
No official announcement has been made yet from the Prosecutor's Office, nor from Consob . Meanwhile, MPS shares on the Milan stock exchange have fallen 4.56%.
