BPI, corrupt or incompetent
Last Friday I made a statement about the BPI, trusting in the good intentions of Divo Gronchi.
The good actions required did not happen.
In particular with regard to those who have savings and those who have a few shares.
Olmo and Castellotti, two members of the previous Board of Directors, under the leadership of Fiorani, have been re-elected. This is a shameful situation that I will work towards ending!
My statement is given here.
“The shareholders meeting of the Banca Popolare Italiana taking place tomorrow, 28 January 2006, will nominate the new Board of Directors and the related positions of office.
Divo Gronchi, the Director General, has proposed a list of members of the Board.
Among these are Giorgio Olmo and Guido Castellotti who together with the leader Gianpiero Fiorani were members of the previous Board.
This is unacceptable.
Olmo e Castellotti, as members of the Board, were responsible for watching out for the correct operation of the Bank. They didn’t do it before, so why are they likely to do that now?
They were as responsible as Fiorani was.
The motives for their negligence can only be two: collusion with Fiorani or incompetence. In both these cases they must leave their positions. For this reason, I ask that these two nominations be withdrawn and at the same time that the Banca Popolare Italiana carries out an “action of responsibility” against all the members of the previous Board of Directors.
Gronchi has declared, “the BPI must remain autonomous and independent”. I would like to add that, above all it must be managed by honest people and by the will of the whole body of shareholders.
Posted by Antonio Di Pietro in
Justice
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So, what's new?
up to Fazio the Italian banking system (and especially the segment belonging to the public sector) has always been unfriendly to competent bankers.
Some of the BoI "managers" went to MIT in order to learn how not to allow Italian Banks to perform like real banks.
How do I know? Because I do.
Posted by: Luigi Sardelli | July 29, 2006 03:32 AM
I just found your website and I am so glad to learn from your web what is the current news and I am so happy to read English articles about the newswatch .Iam still a smattering in italian.Can I inquire from you you?I am a clandestineand do not possess yet a permisso di soggiorno. Unfortunately ,I met a near to death accident ,according to my lawyer I can not be indemnify accordingly because I am clandestine .It will only base according to the law in our country which is Philippines .What can you say about this?
Posted by: odelaine uy | May 25, 2006 04:14 PM