Meloni Faces Opposition Criticism for ‘Rigging’ Paschi Deal

Italian Prime Minister Giorgia Meloni is facing criticism from opposition lawmakers over the government’s role in an alleged market-manipulation scheme related to Banca Monte dei Paschi di Siena SpA’s €17 billion ($19.8 billion) takeover of Mediobanca SpA.

Italian prosecutors have alleged a multiyear strategy by two prominent Italian investors to take control of Mediobanca, according to documents seen by Bloomberg News.