Key witness who was never heard points to the proof that Société Générale trader Jérôme Kerviel did not act alone


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Earlier this month, the French finance ministry presented the final arrangements to raise 4.5 billion euros of state funds  to settle the debts left by the collapse of defunct state-owned bank Crédit Lyonnais, which collapsed following a high-risk lending scandal in 1993. The crash of the bank has ended up costing the public purse more than 15 billion euros, without counting the massive damages paid out in the US over the Executive Life affair and the more than 400 million euros paid to French tycoon Bernard Tapie in a controversial compensation award for assets spoliated by the bank.