Magistrate orders ECB boss candidate Trichet to face trial

A FRENCH magistrate plunged the future of Jean-Claude Trichet and the European Central Bank into disarray yesterday.

The magistrate took a shock decision to send Mr Trichet, the man slated to become ECB president, to court in France.

Paris Deputy Public Prosecutor Francois Foulon said Philippe Courroye, a magistrate making an investigation into the early 1990s Credit Lyonnais bank scandal, had decided that Mr Trichet, head of the French central bank, should face trial.