Don't miss

Replay


LATEST SHOWS

INSIDE THE AMERICAS

Indigenous peoples: Fighting discrimination

Read more

MIDDLE EAST MATTERS

From Turkey to Iran: (re)inventing kebab

Read more

THE INTERVIEW

Paleontologist Kenneth Lacovara: ‘Dinosaurs were the last great champions’

Read more

THE INTERVIEW

Alan Turing's nephew: ‘A Shakespearean tragedy surrounded his life’

Read more

EYE ON AFRICA

Zimbabwe: Chamisa's lawyers contest election results in court

Read more

THE WORLD THIS WEEK

New US sanctions on Iran: Trump ups pressure after exiting nuclear deal

Read more

IN THE PRESS

‘Space Farce’? Alternative logos for new US military branch flood social media

Read more

EYE ON AFRICA

Zambia accused of illegal handover of Zimbabwean opposition figure

Read more

MEDIAWATCH

#MyCameraIsMyWeapon campaign takes on Iran's mandatory hijab law

Read more

France

Strauss-Kahn target of lawsuit over failed business venture

© Philippe Huguen, AFP | Former IMF chief Dominique Strauss-Kahn arrives to his hotel in Lille, northern France, on February 17, 2015

Text by FRANCE 24

Latest update : 2015-10-16

Dominique Strauss-Kahn, the scandal-plagued former head of the International Monetary Fund (IMF), is once again at the centre of a legal battle, French media revealed on Friday.

Strauss-Kahn is under preliminary investigation over allegations of “fraud” and “misuse of company assets” at the now-defunct investment firm Leyne Strauss-Kahn Partners (LSK).

Two former LSK shareholders have filed lawsuits against the company’s managers, including Strauss-Kahn, alleging that they lied about the financial state of the Luxembourg-based business.

Strauss-Kahn became a board member of LSK in October 2013 and temporarily became the firm’s president before stepping down from the post one year later.

LSK declared bankruptcy in November 2014, a few weeks after founder Thierry Leyne committed suicide in Tel Aviv.

Strauss-Kahn’s lawyer told France Inter radio on Friday that his client “never had operational responsibilities” within the company, and that Strauss-Kahn’s signature had been forged on the minutes from several board meetings he had not attended.

The former IMF chief has faced a series of legal charges since 2011, but has thus far avoided conviction. A French court in June acquitted him of procuring prostitutes for sex parties in France, Belgium and the United States.

Date created : 2015-10-16

  • FRANCE

    Former IMF boss Strauss-Kahn runner-up in French presidential poll

    Read more

  • FRANCE

    French court acquits ex-IMF chief Strauss-Kahn in prostitution ring trial

    Read more

  • FRANCE

    Strauss-Kahn makes bizarre ‘Jack is Back’ Twitter debut

    Read more

COMMENT(S)