Photographer: Alessia Pierdomenico/Bloomberg

Monte Paschi CEO Says He’s Part of Probe Into False Accounting

  • Bank says operations were carried out by previous management
  • Viola says he, former Chairman Profumo being investigated

Banca Monte dei Paschi di Siena SpA Chief Executive Officer Fabrizio Viola confirmed reports that he and former Chairman Alessandro Profumo are under investigation as part of a wider probe into alleged false accounting.

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