7 March 2013 Last updated at 05:17 ET
Italy's MPS bank's David Rossi found dead in Siena
The communications director of troubled Italian bank Monte dei Paschi di Siena
(MPS) has died in an apparent suicide.
David Rossi's body was found beneath an open window at the bank's 14th Century
headquarters in Siena.
Mr 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
David Rossi, communications director of Italian bank Monte dei Paschi di Siena
David Rossi was reportedly "under pressure"
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
"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."
Andrea Greco, a reporter for Italian newspaper La Repubblica who knew Mr Rossi,
said: "He was a very serious person, under pressure over a judicial probe which
had touched on him through a recent police search, even if he was not under
Mysterious death of Italian banking executive to be
re-examined amid murder claims
Prosecutors in Siena order body of David Rossi to be exhumed
after family say he was killed for knowing too much about
bank's financial meltdown Credit: Reuters
Nick Squires, in Rome
23 March 2016 • 3:24pm
The mysterious death of an executive who worked for the
world's oldest bank is to be re-examined after Italian
prosecutors ordered that his body be exhumed.
David Rossi, who was the head of communications for Monte
dei Paschi di Siena bank, which was founded in 1472, died
after falling - or being pushed - from a third floor window
of the bank's headquarters in a 14th century palazzo in the
Tuscan city of Siena.
His death in March 2013 came at a time when the bank was
pushed close to the brink of collapse over a scandal
involving the loss of hundreds of millions of euros through
An initial post-mortem found that Mr Rossi, 51, had killed
himself, but his family strongly suspect that he was
murdered because he knew too much about the bank’s shady
Prosecutors in Siena, where the bank is based, have ordered
his body to be exhumed and for the trajectory of his fall to
be simulated, in an attempt to discover exactly how he died.
The exhumation is likely to take place next month.
His family say there were several suspicious elements to the
David Rossi Credit: Photo: REUTERS/Stringer
Mr Rossi fell from his office at around 8pm on March 6,
2013, and landed in a darkened alleyway but did not die
immediately – he was alive for 22 minutes, investigators
Security camera footage showed one or two shadowy figures
appear at the end of the alley, apparently checking that
there was no chance he would survive.
The bank executive had bruises and scratches on his arms and
wrists which suggested that he may have been gripped
forcibly by one or two assailants before being pushed out of
On the back of his head was a deep, L-shaped gash which
indicated that he may have been hit with a blunt object
before falling from the window.
Three apparent suicide notes were found crumpled in a bin in
his study, but Antonella Tognazzi, his widow, said they
contained phrases that her husband would never have used.
One of them said: “Ciao, Toni, my love. I’m sorry.”
“He never called me Toni, he always called me Antonella,”
his widow said.
A handwriting expert who analysed the notes said they seemed
to have been written under duress.
Another unexplained element is the fact that 33 minutes
after Mr Rossi fell from his office window, a call was made
on his mobile phone.
At exactly the same moment, the CCTV footage showed an
object falling onto the ground and landing a few feet from
the body; it was later found to be Mr Rossi’s watch, minus
“We’ve been waiting a long time for the investigation to be
reopened,” said Ms Tognazzi.
“It’s what we had been hoping for – it’s an important sign
on the part of the judiciary. I have never believed he
© Telegraph Media Group Limited 2017
Jane Beatrice Forbes, Countess of Granard (née Mills; 19
July 1883 – 30 January 1972) was an American-born
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