Keyword: verdict

French tycoon Bernard Tapie acquitted of fraud in 404m-euro payout

French wheeler-dealer tycoon Bernard Tapie,76, who built his fortune from buying and asset-stripping businesses before selling them on, and who was once jailed for match fixing when he owned football club Olympique de Marseille, has been acquitted by a Paris court, along with four other co-defendants including Orange CEO Stéphane Richard, of charges of fraud over a controversial state payout made to him in 2008 of more than 400 million euros.

'Resuscitated' French punk thief escapes jail after 28 years on run

Gilles Bertin, 57, once lead singer of punk band Camera Silens, and who with accomplices robbed the equivalent of 1.8 million euros from a banknote delivery depot in south-west France before living in secret exile abroad for 28 years, during which time the French authorities declared him dead, has been given a suspended jail term after turning himself in. 

French court finds IMF chief Lagarde guilty of negligence over massive payout to tycoon

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Christine Lagarde in court at the start of her trial on December 12th. © Reuters Christine Lagarde in court at the start of her trial on December 12th. © Reuters

Following a week-long trial, International Monetary Fund (IMF) chief Christine Lagarde has been found guilty of negligence when French economy and finance minister for allowing an award of more than 400 million euros from public funds to controversial tycoon Bernard Tapie. But the Court of Justice of the Republic, a special French court dedicated to judging the misdeeds of ministers, decided to exempt her from any sentence. The IMF announced late Monday that it had "full confidence" in Lagarde. Michel Deléan reports.

Former French budget minister handed jail sentence for tax fraud

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Jérôme Cahuzac (centre) at his trial in September. © Reuters Jérôme Cahuzac (centre) at his trial in September. © Reuters

Former French budget minister Jérôme Cahuzac and his ex-wife Patricia were on Thursday found guilty by a Paris court of tax fraud and moneylaundering the proceeds of the tax fraud. The socialist politician was sentenced to three years in prison and banned from holding electoral office for five years, against which he immediately appealed. Patricia Cahuzac was handed a two-year prison sentence. The verdict was announced almost four years to the day since Mediapart published the first revelations about the secret foreign bank account belonging to Cahuzac, who was then in charge of a crackdown on tax evasion. Michel Deléan reports.

Suspended two-year jail term for Sarkozy interior minister Claude Guéant

The long-time chief of staff to former president was also barred from public office for pocketing more than 200,000 euros from police funds.