UniCredit vice chairman says has no offshore company, account

April 7, 2016 11:46 AM

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MILAN, April 7 UniCredit Vice Chairman Luca Cordero di Montezemolo said on Thursday he did not have any offshore companies or bank accounts, following reports linking him to the "Panama Papers" scandal.

Montezemolo said in a statement financial consultants had proposed to him nine years ago "the Panama-based company and relative bank account that in recent days have been linked to my name." But he did not take up their advice.

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