process that came to life with the hearing of the texts. Daniele Guidi still absent
Trial “battle” in full swing, and with uncertain outcomes. Now a constant, however, theabsence of the former CEO of the CIS Daniel Guidi: defendant for he conswith the accusation of having used 60 million euros from pension funds – And 15 from Fondiss – to build undebt guarantees a funding concessions from foreign banks. A story that inflamed public opinion in San Marino.
The trial phase came to life today with two testimony induced by the defense. The first – charged with Guidi in another proceeding – made use of the option not to answer. Not so the second, already head of the budget and reporting operating unit CSI extension. That it wasn’t an easy morning for her was understood even before she began to speak; when the lawyer of the Asset Management Company ex-SNB recalled the right not to return self-incriminating statements.
We then focused on the operation repo with the Social Security Institute, because the witness argued that until 2020 it was one practice use freely i underlying securities. At the same time, however, he said he did not remember if similar operations had also been carried out on other occasions. A clear contradiction in the view of the Civil parties; all decidedly assertive, fromExcellent Cameraeverything’ISSto the Vehicle of segregation of pension funds. Clear intent to demolish the credibility of the witness, also pressed on the degree of closeness with the defendant and his ex-wife.
And then the hearing of expert of the Courtfocused on the situation that the bank proposed to Fondiss, to obtain a robust term deposit. From the investigations of Central Bank – he recalled – important differences emerged with regard to the declared solvency ratio; and which will actually result in a reset of the heritage from vigilance. However, the objections of the consultant of the Defence; who spoke of liquidation assessments and ready to be built by CBSM. In his opinion it would have been better to consider another technical expertise; based instead on operational criteria. Comparison on relations which will also continue in the next hearing, scheduled for February 23rd.