The discovery was only disclosed in a 173-page document circulated by the inspectors after Fridays Security Council meeting.

CENTERFORSECURITYPOLICY: Blix hid smoking gun

The regime must allow immediate and unrestricted access to every site, every document, and every person identified by inspectors.

CENTERFORSECURITYPOLICY: bushpowellrummy

From the second half of 2009 into 2010, the central bank intensified its scrutiny of MPS's liquidity, including by sending inspectors to its headquarters and offices, according to the document.

WSJ: Bank of Italy Says It Tightly Supervised MPS