A prosecutor in the southern
Italian city of Bari asked a court Friday to send two senior
bank officials to trial on allegations they contributed to the
bankruptcy of a company.
Alessandra Profumo, former chief executive officer of
Unicredit, and its present CEO Federico Ghizzoni have been
accused of conspiring to bankrupt a company called Divania.
Prosecutors say they and others deceived the Bari-based
company, leading it into 203 derivatives contracts in 2002 and
2003 that allegedly contributed to major financial losses and
eventually bankruptcy.
They and 14 others involved with Unicredit have been named
in the probe into the collapse of Divania, which employed 430
employees at one time.
In response, UniCredit said that it has "full confidence"
in the judiciary and said that its employees had behaved
correctly in its dealing with the company.
It added the Ghizzoni was working outside of Italy in
foreign offices at the time of the derivatives contracts and
could not have been involved.
Profumo is now head of Tuscan bank Monte dei Paschi di
Siena.
ALL RIGHTS RESERVED © Copyright ANSA