Italian troubled bank director found deadMarch 7, 2013 - 15:09 AMT PanARMENIAN.Net - The communications director of troubled Italian bank Monte dei Paschi di Siena (MPS) has died in an apparent suicide, BBC News reported.. David Rossi's body was found beneath an open window at the bank's 14th Century headquarters in Siena. Rossi was among several MPS employees whose homes and offices were searched by police last month - though no charges were brought against him. MPS, which is the world's oldest surviving bank, is at the centre of fraud and corruption allegations. Investigations are under way into how hundreds of millions of euros went missing amid risky investments in complex financial deals. The bank has needed a multi-billion-euro bailout from the Italian state to help cover its losses. "The death of David Rossi is a terrible tragedy," Monte dei Paschi said on its Facebook page. "This tragic event imposes first of all respect for his person, for the mourning of his family and for all of us, and calls on us to find the strength and the courage to go ahead and continue in our commitment." Top stories Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin. Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". Partner news | Ucom’s fixed network launches in Nor Hachn City residents will be able to use fixed-line Internet, mobile communications and television in one package at more affordable prices. Armenia parliament to consider draft proposal on impeachment June 17 The Armenian Parliament will hold an extraordinary session on June 17 to consider a draft proposal on the resignation of the government. Armenia to send Deputy Foreign Minister to Berlin’s Ukraine Recovery Conference Georgia will attend the forum at the level of Prime Minister, Foreign Minister, while Azerbaijan will send their Foreign Minister. About 173 million drams and more than 30 beneficiary funds. "The Power of One Dram" is 4 years old In June 2020, the exclusive joint corporate social responsibility initiative of Idram and IDBank "The Power of One Dram" was launched. |