A quiz question · hard
Who exposed the Banca Romana duplicate-banknote scandal in a December 1892 parliamentary speech?
Republican deputy Napoleone Colajanni delivered the four-hour exposing speech in the Italian Chamber on 20 December 1892. He had obtained a suppressed 1889 ministry audit revealing six years of duplicate-serial banknote printing.
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The Italian Banking Scandal of 1893 That Toppled a Prime Minister and Revealed That the National Bank Had Been Printing Duplicate Banknotes for Six Years A Senate investigation in January 1893 found that the Banca Romana had been issuing duplicate-serial-numbered banknotes for six years to cover speculative real-estate losses. The director Bernardo Tanlongo and Prime Minister Giovanni Giolitti had concealed the audit. The scandal brought down Giolitti's government, eliminated five of six Italian banks of issue, and produced the Bank of Italy in 1893.
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