Keyword: Paris public prosecutor's office

Paris prosecutor admits SocGen 'entirely manipulated' case against trader Kerviel

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Jérôme Kerviel. © Reuters Jérôme Kerviel. © Reuters

New and compelling evidence has emerged to suggest that the conviction of the Société Générale’s so-called ‘rogue trader’ Jérôme Kerviel, who was jailed for his actions that were estimated to have cost the bank 4.9 billion euros, is unsound and was reached after a botched and biased investigation steered by the bank, Mediapart can reveal. The latter claimed that Kerviel’s superiors knew nothing of his reckless trades. But in a secretly-taped conversation, a senior magistrate with the Paris public prosecutor’s office involved in the case says the police officer in charge of the investigation was “entirely manipulated” by the bank, and that it was “obvious” that “the Société Générale knew” what its trader was doing. Martine Orange reports.

Former Qatari ruler's firm targeted by French 'money laundering' investigation

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Former ruler of Qatar, Sheik Hamad bin Khalifa Al-Thani. © Reuters Former ruler of Qatar, Sheik Hamad bin Khalifa Al-Thani. © Reuters

The Paris public prosecutor’s office has opened an investigation into a suspected money laundering operation involving Qatari Sheik Hamad bin Khalifa al-Thani’s French investment arm, French Properties Management (FPM), Mediapart can reveal. The probe, prompted by information from a whistleblowing former employee of FPM, is the latest to target the activities of the Paris-based firm, which is also cited in two other separate judicial investigations in France for “misuse of company assets” and “corruption and influence peddling”. Yann Philippin reports.

France launches criminal investigation into French troops CAR sex abuse claims

The judicial probe is launched after France was criticised for slow action on claims its troops sexually abused boys in Central African Republic.