(Tiper Stock Exchange) – Direct SIMa company active in online trading and listed on Euronext Growth Milan, has communicated of not be investigatedafter this morning La Repubblica wrote of an investigation for “banking and financial abuse” which would involve the president Massimo Segre and another important administrator.
The company – reads a note – “acknowledges that, from documents notified to the company in the context of a judicial proceeding still in the preliminary investigation phase, it appears under investigation, at the Turin prosecutor’s office, the presidentpresumably in relation to the apical role held”.
Directa SIM, together with its administrators, “has guaranteed full and complete cooperation to the Judicial Authority and the Supervisory Authorities and trusts that the total non-involvement of its chairman will emerge during the course of the investigations” and specifies that “no other current director, nor any manager or employee of Directa SIM, is currently under investigation”.
The object of judicial investigations concerns the activities carried out in reference to a part of Directa’s operations with institutional customers, while private customers are not affected in any way by the story. While deeming this operation lawful, the BoD – with a view to full protection of all interested parties – has already implemented a plan that will allow the rapid cessation of the activity in question. The initiatives undertaken do not affect the company’s solidity, having a negligible impact in economic terms on the 2023 and 2024 financial statements.
According to reports from La Repubblica, the survey examined the period between 2019 and 2022, when Directa SIM effectively acted as a bank, implementing a huge collection of savings, but without being able to do so. Dozens of medium-sized banks would have given Directa SIM their customers’ savings on deposit and the company would then have transferred those flows of money to other credit institutions that were in need of liquidity. A turnover quantified at over 800 million euros. The gain would derive from the difference between passive and active interest, and the suspicion is that there were commissions for “precious signallers”.