Don't miss

Replay


LATEST SHOWS

MEDIAWATCH

France's Plan to Tackle Racism

Read more

THE WORLD THIS WEEK

Marine Le Pen and Thomas Piketty in Time magazine's power list; EU takes on Google; Gunter Grass dies (part 2)

Read more

THE WORLD THIS WEEK

Deadly Crossing: Migrants desperate to reach Europe; Abadi in Washington (part 1)

Read more

EYE ON AFRICA

Xenophobic attacks in South Africa: anti-violence marches and anti immigration protest

Read more

FRANCE IN FOCUS

French PM outlines action plan against racism, anti-Semitism

Read more

REPORTERS

Turkey’s hidden Armenians search for stolen identity

Read more

REVISITED

Families of slain Marikana miners still demanding justice

Read more

#TECH 24

Europe vs. Google: EU accuses search giant of market dominance abuse

Read more

#THE 51%

Women in America: Land of the free, home to the less-paid

Read more

Business

Vivendi's former bosses to stand trial in Paris

Text by News Wires

Latest update : 2009-10-22

Vivendi's former chief Jean-Marie Messier and former vice-chairman Edgar Bronfman Junior are to stand trial in Paris for embezzlement at the French media and telecom giant, legal sources said.

AFP - Vivendi's former boss Jean-Marie Messier and ex-vice-chairman Edgar Bronfman Junior are to stand trial here for embezzlement at the French media and telecom giant, legal sources said Thursday.
   
Messier will answer charges in a Paris court of making false or misleading statements about company finances, share price manipulation and misuse of company property, the sources said.
   
Bronfman will be tried for insider trading for having sold stock options in 2002 while having information about the company that had not been made public.
   
Messier had to leave Vivendi Universal in July 2002 after the company lost 13.6 billion euros.

 

Date created : 2009-10-22

COMMENT(S)