Bank of Italy criticised on Parmalat case

Italian economy minister Giulio Tremonti said on Thursday 15 January thatthe Bank of Italy had failed to respond to signals that something was wrong at Parmalat, now involved in one of Europe's biggest financial scandals.

Tremonti told a special legislative commission that the Bank of Italy, which supervises the nation's banking sector, "should have understood that something was going wrong in the case of Parmalat."

The commission was set up to examine how Parmalat, once seen as a model of

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