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Italy prosecutors freeze $182 million of Nomura assets in Monte Paschi case: source
April 26, 2013 / 8:16 AM / 4 years ago

Italy prosecutors freeze $182 million of Nomura assets in Monte Paschi case: source

People walk behind a signboard of Nomura Securities outside its branch in Tokyo April 25, 2013. REUTERS/Toru Hanai

SIENA, Italy (Reuters) - Italian prosecutors have frozen around 140 million euros ($182 million) of assets in Italy from a unit of Nomura Holdings (8604.T) as part of an ongoing legal dispute over a derivatives financing deal with Monte dei Paschi (BMPS.MI), a source close to the case said.

Nomura Chief Financial Officer Shigesuke Kashiwagi said on Friday that it had been informed on April 23 that an order to freeze Nomura Bank International’s (NBI) assets in Italy had been implemented.

“Around 140 million euros in receivables and cash were frozen,” the source said referring to the April 23 order.

Reporting by Silvia Ognibene, editing by Paola Arosio

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