Crack BPVI, towards the epilogue, but there is excellent news for scammed savers
We write from under the stage of the Teatro San Marco in Vicenza where the association Noi che Credevamo in the BPVI called a full house in less than 24 hours. 500 people. 500 savers. 500 destinies that each of them has taken in hand, without waiting for help from anyone.
The number of bookings reached its peak so early as to put the organization in a position to find other spaces for urgent reruns. Such and so great is the participation that we have already predicted full houses in at least 4 other theatres.
The reason is definitely one of the important ones: the announcement of new prospects for the recovery of further savings shares in addition to the 30% already recovered with the FIR, the instrument-law obtained by the scammed to compensate for the damages suffered with the collapse of the two banks come.
We are greeted by the background music of the famous motif taken from the film "The Last of the Mohicans". And it could not be otherwise.
Step back. The association after long battles in all possible locations, they have over time obtained that their associates (and all those who believed in the battle) obtained 30% of what was lost in the well-known socio-economic tragedy which affected 180,000 Italian families and ordered the looting on two banks that are important for the productive fabric of the Veneto and other parts of Italy.
Today we are here to witness what, in addition to electoral promises, can be achieved using the heart, the head and a good strategy, as well as obviously the right people to carry it out.
It begins: on stage Mario Zambon, Daniele Marangoni and Luigi Ugone, fathers and leaders of the army of almost half a million people.
Quick excursus of the first 8 years of activism, conferences, meetings and the gathering of thousands and thousands of people who gathered strength and convinced the politicians that their fight had to be waged. Because only by getting up from the chair and taking one's destiny on one's shoulders can one achieve goals.
The first is as follows: 144,848 refund applications processed for over one billion euros which have returned to the territory.
The second is the trials of Zonin & associates, auditors, etc.
Lawyers Filippini and Rinaldi take the stage.
OUTCOMES OF CRIMINAL PROCEEDINGS
The examination starts from the observation of how the other excellent trials that preceded the BPVI case went: MPS (all acquitted), Banca Etruria (all acquitted), Carife: (only one conviction). Out of three billionaire bank cracks, only one guilty.
BPVI: 5 sentences on appeal for the most powerful CDA of the various banks: Zonin, Piazzetta, Pellegrini, Marin, Giustini, Sorato (7 years, the heaviest). One acquittal.
The label of having been speculators, the savers took off in court.
The open letter to Vincenzo Consoli with an invitation to waive the statute of limitations in the Vento Banca 2 trial
WHAT LEFT TO DO?
There are still 500 million available for compensation but also some categories of savers who have not been compensated because:
– the bondholders have not obtained the repayment;
– 4,800 cases excluded due to incorrect compilation of applications;
– excluded from the refund list because the applications were missing the BACK OF THE IDENTITY CARD.
In the meantime, the association has contacted the main political candidates, on the question of the 500 million at stake, asking them to take care of the distribution of the remaining quota to the members of the Veneto region because the risk that the MEF wants to use it to finance something else is very much felt.
Tajani, Letta, Conte, Salvini, Calenda, Meloni.
They all responded by addressing the concerns of associates and following up with parliamentary work and written responses on the matter.
The association, Noi che Credevamo in the BPVI , presented the amendment to bring into the 2022 budget law precisely the question of the redistribution of the surplus of 500 million.
It is not certain whether the amendment will be accepted, but it was tabled on time and the chances of success are very high.
WHAT THE AMENDMENT CONTAINS
4,800 people were excluded because they filed the wrong tax returns incorrectly. With the amendment being accepted, these savers will also come into play. Conversely, the association will sue the MEF, with a good chance of success, because anyone who presented an incorrect tax return still had the right to be reimbursed, because the law does not provide for the exclusion of anyone. Therefore, those who filed false tax returns would not have benefited in any case.
The message is clear; unlike what is proposed by other savers' associations, Noi che credemo will not leave ANYONE behind, not even a name on the list ( listen to the audio ).
This distribution can therefore continue even exceeding the 30% quota obtained up to now by the FIR, because this option is provided for by the law itself, in the event of residual funds, as has actually occurred.
Other key points contained in the amendment proposed by Noi credevamo are:
- the request to maintain the commission which decides the outcome of the applications, acting as a buffer for the MEF.
- the extinction of high penal charges against erroneous patrimonial and tax declarations presented.
- the disbursement of the remainder of the remaining funds up to a ceiling of €100,000 per saver, to remain within the "tolerated" and "untouchable" limit set by the banking rules referable to the bail-in, i.e. the famous €100,000 guaranteed in the event of bankruptcy of a bank.
- the inclusion of the bondholders in the refundable lot.
KPM extension
It is the accounting firm that audited the financial statements of the BPVI and it turned out that they did not do the checks well.
The association sued KPMG for having validated BPVI's bogus financial statements.
The lawsuit is pending. The trial is criminal and aims to involve KPMG in the category of those responsible for defrauding savers and possibly to include it among those who will have to compensate for the damages.
The conclusion of the trial is expected between the end of April and the beginning of May, but the sentence could arrive between June 2023 and the beginning of 2024.
CONCLUSIONS
Commenting on the release of the film The film “ Once upon a time in Italy (Jakarta is coming)”, I used these words.
“The film will demonstrate to everyone that you don't need to be fully prepared to face power, but that you need to be ready for anything to win.
Even if information and counter-information tell us about such great and distant obstacles to be faced by ordinary citizens, there are instead many action plans in which everyone, putting their own skills to work, can contribute to the dismantling of the status quo.
It's true; you need to know the economy, law, finance, bureaucracy, tactics and strategy. But you don't need to know everything. Everyone needs to work to build a single body, capable of doing everything. There are few of them in Cariati, but with everyone's help, they have faced the power of the market that had entered their lives, taking them away and stopped. When (the method) Jakarta arrives, it is necessary to be a single body”.
It seems to me that in the case of the Venetian crackdown we are at the same point, if not further, but the association prefers to maintain its usual low profile: it declares itself satisfied because the savers' dignity has been regained .
People like them never give up.
For real.
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The article Crack BPVI, towards the epilogue, but there's excellent news for scammed savers comes from Scenari Economici .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/crack-bpvi/ on Wed, 07 Dec 2022 14:45:11 +0000.