MILAN (Reuters) - Italy's market watchdog Consob plans to summon top executives of Monte dei Paschi <BMPS.MI> and veteran banker Corrado Passera to explain the circumstances that led to Passera's dropping his rescue plan for the bank, a source close to the matter said.
The source did not say when the two sides would be heard.
In a letter to the bank's board released to the media on Tuesday, Passera said he had decided to drop his plan and accused the bank of obstruction.
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Monte dei Paschi replied in a statement Passera's claims were groundless, adding his proposal was non-binding, had been put together for investors who had not been named and was not yet "solidified".
A Consob spokesman said the watchdog was "speaking to all the parties involved."
(Reporting by Paola Arosio, editing by Silvia Aloisi)