Liliane Bettencourt

How the Bettencourt affair led Sarkozy before the judge

France

This article has been censored A ruling by the Versailles court of appeal on July 4th 2013 has ordered that Mediapart must remove from its website all articles which contain extracts from the so-called ‘butler tapes’ at the heart of the Bettencourt affair. The penalty for not doing so is 10,000 euros per article per day (effective from July 21st). Mediapart has appealed against the ruling.

French judge stands by Bettencourt-Sarkozy 'campaign cash' whistleblower

France — Investigation

A judicial investigation into the suspected illegal financing of former French President Nicolas Sarkozy’s 2007 election bid has finally vindicated the testimony of Claire Thibout (pictured), an accountant for L’Oréal heiress Liliane Bettencourt who first revealed in a 2010 interview with Mediapart  how vast cash withdrawals from the billionaire’s bank accounts were made shortly before meetings between Bettencourt’s wealth manager and Sarkozy’s campaign treasurer. Karl Laske reports on the latest developments in the investigation, in which Sarkozy is expected to be questioned in the coming weeks.

Three Sarkozy allies to be questioned as Bettencourt probe nears its dramatic conclusion

France

The judge carrying out the high-profile investigation into the Bettencourt affair involving France's wealthiest woman, allegations of financial abuse and claims of political corruption at the highest levels, has ordered three allies of former President Nicolas Sarkozy to be questioned as witnesses. Judge Jean-Michel Gentil, who is said to be close to completing his mammoth task, is examining whether L'Oréal heiress Liliane Bettencourt's mental frailty was taken advantage of by those around her. But the publicity-shy judge is also investigating claims that the billionaire’s money was illegally used to fund Sarkozy's 2007 election campaign. There are also allegations that the Elysée Palace tried to stop a proper investigation into the affair and that France's domestic spy chief himself became involved. As Michel Deléan reports, the judge is leaving no stone unturned in his inquiries.

Investigation targets L'Oréal heiress Bettencourt's 'protector' over 143m-euro deal she can't remember

France

Magistrates investigating a suspected gigantic web of corruption spun around the financial affairs of L’Oréal heiress Liliane Bettencourt on Wednesday placed a lawyer in charge of her wealth investments under formal investigation for taking advantage of the 89 year-old matriarch’s diminished mental faculties. Pascal Wilhelm, appointed as a legal protector of Bettencourt’s financial interests, is the second of her wealth managers to be suspected of corruption. The case notably involves an investment he organised of 143 million euros of the matriarch’s private fortune in a company owned by reality TV show and online gambling entrepreneur Stéphane Courbit, which Bettencourt cannot remember making. Michel Deléan reports.

As Sarkozy leaves office, the Bettencourt affair closes in

France

Magistrates in Bordeaux last week ordered that Patrice de Maistre, former wealth manager for L’Oréal heiress Liliane Bettencourt, should continue to be kept in preventive detention while they continue investigations into his role in a series of massive and mysterious cash withdrawals from the billionaire’s secret Swiss bank accounts. The judges have uncovered further evidence, described by one source close to the case as “solid”, that suggests some of the money was used to illegally fund outgoing French President Nicolas Sarkozy’s 2007 election campaign – which is also suspected of being illegally financed by the late Libyan dictator Muammar Gaddafi. Lawyers for Maistre complained that he was being kept in jail to “pressure” him into confessing the scam. Michel Deléan reports on the latest developments in the Bettencourt case, now rapidly closing in on Sarkozy, who will hand over office to newly-elected François Hollande on Tuesday.

Judge links L'Oréal heiress cash withdrawals to Sarkozy campaign funding

France — Investigation

A major criminal investigation into the affairs of L’Oréal heiress Liliane Bettencourt, and notably the suspected illegal funding of President Nicolas Sarkozy’s 2007 election campaign, has established that at least 800,000 euros were withdrawn from her secret Swiss bank accounts when Sarkozy was running for the presidency. Last week Bettencourt’s long-serving wealth manager, Patrice de Maistre, was imprisoned after being placed under formal investigation for financial corruption and for abusing the mental frailty of the L’Oréal heiress, now aged 89. The move followed the placing under investigation, in February, of Eric Woerth, former budget minister and Sarkozy’s 2007 campaign treasurer, in connection with the suspected scam. Fabrice Arfi reports.

Sarkozy campaign treasurer under investigation for illegal funding, influence peddling

France

This article has been censored A ruling by the Versailles court of appeal on July 4th 2013 has ordered that Mediapart must remove from its website all articles which contain extracts from the so-called ‘butler tapes’ at the heart of the Bettencourt affair. The penalty for not doing so is 10,000 euros per article per day (effective from July 21st). Mediapart has appealed against the ruling.

Illegal political funding probe closes in on Sarkozy's 2007 election campaign treasurer

France

This article has been censored A ruling by the Versailles court of appeal on July 4th 2013 has ordered that Mediapart must remove from its website all articles which contain extracts from the so-called ‘butler tapes’ at the heart of the Bettencourt affair. The penalty for not doing so is 10,000 euros per article per day (effective from July 21st). Mediapart has appealed against the ruling.

French prosecutor Courroye under investigation for spying on journalists

France — Link

A top French prosecutor close to President Nicolas Sarkozy has been placed under investigation for illegally spying on French journalists.

L'Oréal heiress ordered to pay 77.7 million euros after tax scam probe

France — Investigation

L'Oréal heiress Liliane Bettencourt has been ordered to pay almost 78 million euros in tax penalties and back payments after hiding part of her estimated 16-billion euro fortune from the French tax authorities, Mediapart can reveal.Fabrice ArfiandMichel Deléan present the details of this record claim by tax inspectors, which followed Mediapart's public exposure of conversations between the billionaire and her senior advisors involving a complex web of secret accounts and property abroad.

Exclusive: L'Oréal heiress Liliane Bettencourt's secret tax-dodging accounts and mystery payments

France — Investigation

This article has been censored A ruling by the Versailles court of appeal on July 4th 2013 has ordered that Mediapart must remove from its website all articles which contain extracts from the so-called ‘butler tapes’ at the heart of the Bettencourt affair. The penalty for not doing so is 10,000 euros per article per day (effective from July 21st). Mediapart has appealed against the ruling.

'Mentally unfit' L'Oreal heiress Bettencourt placed under guardianship

France — Link

A French court has ruled multi-billionaire L'Oréal heiress Liliane Bettencourt mentally unfit to manage her wealth, placing her under family guardianship.

Now a judge points finger at Sarkozy in Bettencourt affair

France — Analysis

The Bettencourt affair began as a sordid family quarrel about money and abuse of influence over L'Oréal heiress Liliane Bettencourt, and grew into a political scandal involving Europe's richest woman and the funding of President Nicolas Sarkozy's UMP party. Now the judge who was kicked off the legal investigation speaks out in a new book, saying witnesses were too frightened to talk on the record. She also says a witness claimed to have seen Sarkozy take money personally. Bettencourt's former accountant also talks of intimidation and manipulation of her evidence. Mediapart editor François Bonnet reviews this latest explosive development in a scandal that is still rocking the French president.

French interior minister drops libel action against Mediapart

France

French interior minister Claude Guéant has dropped the libel action he launched against Mediapart last year over the publication of an editorial denouncing an espionage campaign targeting journalists that had been organized from within the offices of the French presidency. The case was due to be heard in october, when Mediapart intended calling President Nicolas Sarkozy to the witness stand. Michel Deléan reports.

Bettencourt battle back after L'Oréal heiress signs away 143 million euros

France — Report

Following a six-month family truce, the daughter of L'Oréal heiress Liliane Bettencourt (photo) has re-applied to have her mother placed as a ward of court amid fresh concerns over the management of the 88 year-old's personal finances, including suspicions of conflicts of interest in a business deal brokered by her newly-appointed legal protector and wealth manager. Karl Laske reports.