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The Ferrarini case arrives in Parliament

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MILAN (ITALPRESS) – The controversy over the role of Amco in the liquidation of Ferrarini, the group in the Reggio Emilia cured meats sector that two years ago requested an arrangement with creditors due to some wrong investments that caused the debt to reach 360 millions. At stake is the maintenance in Italy of a historic brand of the Italian agri-food industry. Amco, a bad bank controlled by the ministry of economy in charge of managing non-performing loans, presented an offer together with the Italian-Hungarian group Pini based in Cyprus. In competition there is the offer presented by the all “made in Italy” consortium led by Bonterre with the support of Intesa Sanpaolo and Unicredit. The attention of the political world and Parliament has focused on the role of Amco. The most recent speech is that of Filippo Gallinella (M5S), president of the Agriculture Commission of the Chamber, who presented a question with a written answer to the Minister of Economy and that of Agriculture. Gallinella asks for more detailed information on the role played in this game by Amco. “Why does a company belonging to the Italian state support the proposal presented by a foreign group?”, He asks. For the deputy of Italy Viva Michele Anzaldi, a member of the investigation commission on the banking system, to whom there would be inconsistencies in the reconstruction of the facts provided during the hearing on February 3 by the CEO of Amco, Marina Natale. Answering the questions of Senator Massimo Ferro (Forza Italia) and deputy Giulio Centemero (Lega), the CEO of Amco motivated the choice to support the proposal of the Pini group, considering it to be an improvement over that of Bonterre. However, Anzaldi points out, Amco’s resolution in favor of Pini was dated May 25 last year, while the Bonterre and the banks proposal is subsequent, having only been presented on August 11. How, then, could the comparison be made? “I still await – explains Anzaldi agreeing with Gallinella’s thesis – for someone to explain to the Italians why a state company like Amco chooses to side with a private individual, whose main economic activities are carried out abroad, instead of taking the side of a system consortium, supported by all the trade associations, which sees an Italian excellence as the Bonterre group as leader, with the support of the two main Italian banks Intesa and Unicredit. The Conte government has ignored this matter and has not given any explanation , I expect that now the Draghi government, the Prime Minister and Minister Franco will take over the issue and protect Italy and jobs “. (ITALPRESS). ns / sat / red 09-Apr-21 19:25

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