Luca Montezemolo, Mark Ball Cramer and Silvano Cassano under investigation for the bankruptcy of Alitalia

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Three former managing directors of Alitalia, Cassano, Montezemolo and Cramer under investigation for bankruptcy.

La Stampa and Il Secolo XIX write that the last three CEOs of the flag carrier are investigated in the register of suspects: Silvano Cassano , Luca Montezemolo and Mark Ball Cramer . Last week the Finance Police had searched the headquarters and acquired the documentation of the latest financial statements. The Etihad management ended up in the crosshairs of the Civitavecchia prosecution that investigates the 400 million hole that brought the company to the commissioner.

The “visit” of the Fiamme Gialle was decided by the judiciary on the basis of the sentence of the  Court of Civitavecchia  that on 11 May 2017 declared the insolvency of the former flag carrier. The analysis of the documents filed, according to the power of attorney, in fact, emerged a series of critical issues and anomalies in the old Alitalia management in which Etihad, between January 1, 2015 and May 2, 2017, had a leading role with 49% of the capital, but control was in the hands of the shareholders of Cai-Midco (51%) including Unicredit, Intesa, Mps, Poste and other private shareholders such as Atlantia.

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