Prosecutors probe Fazio for 'abuse of office'

Antonio Fazio, governor of the Bank of Italy, was secretly placed under investigation in early August, prosecutors in Rome disclosed on Thursday 29 September.

Rome prosecutors have included Fazio among those under investigation for possible crimes in a cross-border banking takeover battle and will be questioned by two magistrates for suspected abuse of office, a judicial source told Reuters.

The move represents Fazio's biggest set back so far and came just hours after the central bank's Superio