Massimo Lapucci and Giovanni Quaglia
There is irritation in via XX Settembre, not only in Turin, seat of the powerful Crt Foundation, but also in Rome, where the Ministry of Economy, which is responsible for supervising entities, including permanent shareholders of the main Italian banks. Self under the Mole, like Affaritaliani.it he reported, the discontent has its epicenter in the steering committee of the body for the “little shared” management of the duo Giovanni Quaglia-Massimo Lapucci on three central matches for the tricolor finance such as the sale of Autostrade da Atlantia to Cdp, the operation UniCredit-Mps and theentry of the foundation into the Pact on Generali with capital strengthening option, atshadow of the Colosseum having deployed the Turin institution in a violent battle between the main shareholders of the Lion did raise your eyebrows both at the Mef is, indeed, at Palazzo Chigi.
As for the seat of government, sources report that on the case the premier same Mario Draghi would have pointed out in an interview there own view of the nature of Italian foundations of banking origin: they must be institutional actors who must that is act as a peacemaker And truce and armistice negotiators. Certainly not as non-neutral players in a war of position which sees the two lined up on one side big of Italian entrepreneurship Leonardo Del Vecchio And Francesco Caltagirone (in a consultation agreement with the body chaired by Quaglia) and, on the other, Mediobanca and the group De Agostini for the exchange of Philippe Donnet driving the insurance company.
The vision is obviously shared some km further on to the Mef, which historically has always recommended for foundations a referee attitude. Certainly not a player from the first minute. There’s more. In fact, the sources report that the decision in mid-September to join the Calta-Del Vecchio Pact and to possibly increase its investment in Generali was made unaware of the supervisory authority on the assets of the entities.
Not that formally CRT, it is emphasized, was required to inform the Mef, but the sources point out that due to practice and good relations the other foundations (which coexist with the Treasury in the Cdp) keep always prior communications with Via XX Settembre. So much so that a convocation was also hypothesized among the Capitoline vigilantes ad hoc of President Quaglia.
@andreadeugeni
#Crt #Mef #irritation #Generali #uninstitutional #role #institution