Italy prosecutors seek trial over Parmalat

Milan prosecutors today asked a judge to order 29 executives and three companies to stand trial over the multi-billion-euro Parmalat…

Milan prosecutors today asked a judge to order 29 executives and three companies to stand trial over the multi-billion-euro Parmalat scandal.

Three months after the fraud investigation  began, the three companies named in the request were the Italian arms of auditors Deloitte & Touche, Grant Thornton and Bank of America.

The 29 people include Parmalat founder Mr Calisto Tanzi, former board members, outside auditors and three former Bank of America employees, a source said.

Sixteen people are under arrest in the Parmalat case.