Keyword: embezzlement

Prosecutor demands suspended jail term for top Sarkozy aide in ministry cash scam

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At the end of an eight-day trial in Paris of five prefects charged with embezzling public funds, prosecutors have demanded a 30-month suspended jail sentence and a 75,000-euro fine for Nicolas Sarkozy’s former chief of staff and ex-interior minister, Claude Guéant, who they described as playing “the leading role” in a scam that siphoned off 210,000 euros in cash reserved for police investigations. Michel Deléan reports.

Valerie Trierweiler accused of 'embezzling' taxpayers' money

Complaint from millionaire is that French First Lady is using taxpayers' money while not actually married to President Francois Hollande.

Sailing away on 'ill-gotten gains'

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Teodoro Nguema Obiang Mangue, high-living son of the president of Equatorial Guinea and vice-president of the country, wanted by France and the United States on charges of money-laundering and embezzlement, is on the point of purchasing one of the world’s largest luxury yachts (pictured) for the sum of 200 million dollars. Mediapart has discovered that a company was especially set up in Equatorial Guinea to carry out the acquisition of the vessel from the family of the late Saudi crown prince Sultan bin Abdulaziz Al Saud. It is a remarkable snub to a French judicial investigation into so-called 'ill-gotten gains' of several African leaders and which has uncovered compelling evidence that Obiang Mangue and his father have acquired massive personal fortunes through illegally stripping the assets of the small west-central African state, where an estimated 75% of the population live below the poverty line. Fabrice Arfi reports.

Police question Villepin in embezzlement investigation

Former French PM Dominique de Villepin is questioned by French police investigating alleged embezzlement at the Relais & Chateaux hotel group.