The head of TIM Brasil, Luca Luciani, is being investigated by the Italian authorities for aggravated fraud, obstructing regulators and making false statements, according to a report in the Financial Times.
The investigation is reportedly being carried…
The head of TIM Brasil, Luca Luciani, is being investigated by the Italian authorities for aggravated fraud, obstructing regulators and making false statements, according to a report in the Financial Times.
The investigation is reportedly being carried out by the Milan Prosecutor’s Office as part of a wider probe into false SIM cards.
The news comes as TI prepares to unveil a set of managerial changes. These reportedly included Luciani being nominated by TI’s largest shareholder – Telco S.p.A – to become TI’s head of operations for Latin America.
The holding company Telco S.p.A, which holds a 22.4% stake in TI, is owned by Telefonica, Mediobanca, Intesa Sanpaolo, Assicurazioni Generali S.p.A.
Telecom Italia did not reply to questions before the press deadline.
