Impregilo chairman arrested

Helen Wright

30 May 2012

Massimo Ponzellini, the chairman of Italian contractor Impregilo, has been arrested in Italy following allegations of bribery during his previous job as chairman of Italian bank Popolare di Milano.

Mr Ponzellini was one of three people arrested by Milan prosecutors in connection with an investigation into irregular loans granted by the bank. He left Popolare di Milano at the end of 2011, and has been chairman of Impregilo since May 2007.

Italian prosecutors allege that Popolare di Milano granted large loans in exchange for € 5.7 million in bribes. The investigation led to searches at Mr Ponzellini's offices and homes last November.

Previously, Mr Ponzellini has also held senior positions at the European Bank for Reconstruction & Development, and the European Investment Bank. He has been placed under house arrest.

Govt & Regulatory Legal Construction
STAY CONNECTED



Receive the information you need when you need it through our world-leading magazines, newsletters and daily briefings.

Sign up

CONNECT WITH THE TEAM
Andy Brown Editor, Editorial, UK - Wadhurst Tel: +44 (0) 1892 786224 E-mail: [email protected]
Neil Gerrard Senior Editor, Editorial, UK - Wadhurst Tel: +44 (0) 7355 092 771 E-mail: [email protected]
Catrin Jones Deputy Editor, Editorial, UK – Wadhurst Tel: +44 (0) 791 2298 133 E-mail: [email protected]
Eleanor Shefford Brand Manager Tel: +44 (0) 1892 786 236 E-mail: [email protected]
CONNECT WITH SOCIAL MEDIA