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CLARA MOSCHINI

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Profumo, Bluebell fund's alarm: "Leonardo CEO risks not to travel"

Giuseppe Bivona clamored for his resignation

The controversies have not subsided at all after the conviction of Leonardo's CEO, Alessandro Profumo, a not exactly tender first-degree sentence (read also the article published by AVIONEWS). Six years of jail and disqualification from public offices: this is the decision of judges against Profumo, on trial as former president of Monte dei Paschi di Siena (MPS). Investigation concerns precisely Tuscan bank and the better known derivative financial instruments such as "Alexandria" and "Santorini". Now it is the Bluebell fund, Leonardo's private shareholder, which came forward against the director, in particular his main representative, Giuseppe Bivona. The latter specifically asked for Profumo's resignation in a letter that was sent to the manager himself, but also to Prime Minister Giuseppe Conte and to the President of the Republic, Sergio Mattarella. According to Bivona, this is not a legal obligation, but a question of opportunity and dignity, as well as a sense of civic duty.

The fund was all too clear and it could not be otherwise: despite being a first-degree sentence, the six years of imprisonment are not a joke at all and Leonardo's CEO is perfectly aware of it. For Bivona, it is not appropriate for a listed company to be led by a convicted manager (albeit convicted in the first instance). There are numerous reports and voices from the government and opposition political parties that have reached our editorial staff and who wish to resign quickly. One wonders what could become of the image of Italy as regards the defense industry? In particular, what will be the future of Leonardo's orders, which has Profumo as its main "face".

Going back to Bivona, it was underlined how commercial travel of manager could be complicated in the United States, a country in which the electronic system for the authorization of visa-free travel provides for a deepening of criminal responsibilities. Another problem that is being underestimated is that of the Nos, the security clearance that allows individuals to handle information classified as "highly confidential" or higher. After Profumo's conviction, wouldn't it be appropriate to clarify the question? The Nos is given to guarantors, legal representatives and company administrators, such as the former president of MPS, but it must be understood whether following such a heavy sentence it would not be appropriate to evaluate the possible forfeiture of the authorization. Meanwhile, defense sector is waiting for timely clarifications.

On the subject read also the article published by AVIONEWS.

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AVIONEWS - World Aeronautical Press Agency
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