Federation revokes Siena titles (3)

(refiling with correct pic) (ANSA) - Rome, October 7 - The Italian basketball federation has revoked the championship titles awarded to Mens Sana Siena for the 2011-2012 and 2012-2013 seasons and the 2013 Supercoppa.
    The revocation came after the prosecutor's office recommended such measures following the charging of club leaders with receiving stolen goods, criminal association for tax fraud and fraudulent bankruptcy. Former general manager, Ferdinando Minucci, vice president Paola Serpi and sports director Olga Finetti were all removed from their positions. Under the name Montepaschi Siena, derived from sponsor Banca Monte dei Paschi di Siena, the club was a dominant presence in Serie A, winning 5 titles in a row from 2006/2007 to 2010/2011, besides the two more titles now revoked by the Italian Federation, whilst also challenging for titles in Europe. After financial problems caused the club to go bankrupt in 2014, it moved down to the fourth division. It is now in the second division.