Inspections appear to have "confirmed the presence of significant omissions in the government and control systems, thus affecting risk management." The exposure to credit and reputational risks is very high, especially regarding the management of the huge amount of credits granted to single groups and to the "conflicts of interest that affect controlled insurance companies." This could have been avoided, says Bankitalia, had the counterweights to "guarantee an efficient internal dialogue" worked.
The report denounced the "high concentration" of credits to single groups operating in only a few sectors (harbours and constructions). Among others, the names Gruoppo Preziosi, GF Group, Genoa Calcio, Marina Genova-Aeroporto, Prodit, Coopsette, Finbeta, Smtv, Parodi B., Handy Shipping, Pietro Isnardi Alimentari, Investimenti Marittimi and Navigazione Italiana were made.
According to Bankitalia, "there were problems also concerning money-laundering. In Carige, it seems that there is a business culture which is little concerned about the matter."