Don't miss

Replay


LATEST SHOWS

MEDIAWATCH

Anticipating the debate

Read more

EYE ON AFRICA

Abubakar Shekau says he is still leading Boko Haram

Read more

THE DEBATE

Peace at last? Colombia, FARC rebels sign historic peace accord (part 1)

Read more

THE DEBATE

Peace at last? Colombia, FARC rebels sign historic peace accord (part 2)

Read more

ENCORE!

Music show: Mykki Blanco, Van Morrison & The Weeknd’s duo with Daft Punk

Read more

FOCUS

FRANCE 24 exclusive: The last stand for Libya’s Oil Crescent

Read more

TALKING EUROPE

Greece’s minister of tourism: ‘Tourism is a government priority’

Read more

TALKING EUROPE

Terrorism, strike actions and migrant crisis: Is the EU becoming less attractive to tourists?

Read more

BUSINESS DAILY

Moody's cuts Turkey's credit rating to junk

Read more

France

French banking head subject of corruption inquiry

Latest update : 2009-04-02

A preliminary inquiry by French anti-corruption police into President Nicolas Sarkozy's decision to name a senior aide to head a major new banking group has begun. Two anti-corruption campaign groups complained about a possible conflict of interest.

AFP - French anti-corruption police on Wednesday began a preliminary enquiry into President Nicolas Sarkozy's decision to name a senior aide to head a major new banking group, a legal source said.

The Paris prosecutor's office ordered the probe after complaints by two anti-corruption campaign groups about the appointment last month of Francois Perol to head the Caisse d'Epargne/Banque Populaire banking group.

They accuse Perol of having a conflict of interest because he oversaw the government side of negotiations on creating the newly-merged group, France's second biggest bank.

If convicted, Perol faces up to five years in prison and a 75,000-euro (100,000-dollar) fine.

Opposition politicians accused Sarkozy of seeking to monopolise economic power by naming Perol, his former deputy chief of staff and economic policy advisor, to the top job.

The head of a French state ethics panel said that the panel considered resigning over the nomination.
 

Date created : 2009-04-02

COMMENT(S)