Arezzo prosecutors on Friday
notified 21 former board members and managers at Banca Etruria
that the first strand of an investigation concerning fraudulent
bankruptcy charges has been closed.
The 21 include members of the bank's last two boards and
ex-chairmen Giuseppe Fornasari and Lorenzo Rosi.
This strand of the investigation concerns 180 million euros
worth of loans offered by the bank which were never paid back,
leading to the Arezzo-based lender's bankruptcy.
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