Finance police search Banca Etruria (2)

(ANSA) - Arezzo, May 4 - Finance police searched the Arezzo headquarters of Banca Etruria early on Wednesday to seize documents, ANSA sources said. Several former managers including the father of Reform Minister Maria Elena Boschi are being probed for suspected mismanagement in the bank's bankruptcy. Banca Etruria is one of four failed banks that were rescued by the government last year leaving investors holding worthless bonds. The others are Banca Marche, Cassa di Risparmio di Chieti (CariChieti) and Cassa di Risparmio di Ferrara (CariFe). The government has unveiled a compensation package but some former bondholders are unhappy with it.