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Eurobank chief-to-be goes on trial for cover-up

Bank of France Governor Jean-Claude Trichet went on trial today on charges that could ruin his bid to become the next president of the European Central Bank.

Mon, 06 Jan, 2003 - 19:32

Bank of France Governor Jean-Claude Trichet went on trial today on charges that could ruin his bid to become the next president of the European Central Bank.

Trichet, 60, is accused with eight other bankers and finance experts of covering-up losses during a state bailout of French bank Credit Lyonnais in the early 1990s.

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