Italy prosecutor requests trial for current and former UniCredit chiefs

April 3, 2015 3:25 PM

66 0

BARI, Italy, April 3 (Reuters) - An Italian prosecutor has asked for the current and former chief executives of UniCredit to stand trial over the bank's alleged role in the 2004 bankruptcy of sofa company Divania, a person close to the matter said on Friday.

The local prosecutor in the southern town of Bari has asked for Unicredit chief executive Federico Ghizzoni and his predecessor Alessandro Profumo to stand trial along with 14 others, on charges of abetting bankruptcy.

Also read: PayPal Agrees to Buy Payments Firm Hyperwallet for $400 Million

Read more

To category page