Former Elf oil head extradited to Togo

The case involves a complex set of circumstances, with accusations that a
network claimed to have access to $275 million in a Togolese account left by
former Ivorian military ruler Robert Guei, who was killed in 2002.

Mr Al Yousef alleges $48 million was embezzled from him in the affair.

Mr Le Floch-Prigent, currently an oil industry consultant, has already served
jail terms in France for corruption while head of Elf from 1989 to 1993.

He was jailed again in 2003 on other charges and freed on probation in 2004 on
health grounds, on condition that he pay compensation, at a rate based on
his own revenues, to Total, which took over the company in 2000, for the
case involving Elf.

He was sent back to jail for six months in 2010 for failing to pay adequate
compensation to Total.

Source: AFP

Views: 0

You can skip to the end and leave a response. Pinging is currently not allowed.

Leave a Reply

Powered by WordPress | Designed by: Premium WordPress Themes | Thanks to Themes Gallery, Bromoney and Wordpress Themes