CARIGE CASE: THE ITALIAN GOVERNMENT IS LOSING 10 EUR BILLION

CARIGE CASE: THE GOVERNMENT IS LOSING 10 EUR BILLION

Rome, March 13, 2019 (OPI) - In the 25 billion lawsuit filed by MS, defended by the lawyer. Marco Della Luna at the Court of Genoa, the bank has refused the finding and the forfeiture of the sum of 25 billion found through the accounting analysis of the corporate balance sheet of CARIGE of 2013.
Appeals now to see the ownership of the entire sum to the finder recognized, pursuant to art. 929 of the civil code. If the Court continues to refuse CARIGE's accounting analysis for the fourth time, through a court-appointed expert (CTU), the State risks losing forever more than 10 billion of taxes that would derive from the assignment of the amount raised to the finder, after having lost them for the bank's refusal to accept this finding.
The question of accounting for the creation of money by the bank, a creation that officially emerged with the reply from the Bank of Italy to the question of the Hon. Villarosa in the Sixth Finance Commission in May 2017 (question 5-11277) asking for the overall volumes created by the central bank and commercial banks, also emerged in a World Bank document in May 2018, The Accounting View of Money, signed by Biagio Bossone and Massimo Costa. The lawyer Marco Della Luna points out that if the cause is not adequately considered by the Genoese Court, the current government will lose access definitively to 10 billion of revenues that could solve the current budget difficulties. It would be another chance lost by a government that promises a change that we are all waiting for. The State should intervene in the case through its advocacy and also make the Revenue Agency intervene so as not to betray the promises made to the defrauded savers and the dismissed workers.