Published on Pambazuka News (https://www.pambazuka.org)

Home > africa: Elf scam trial ends, verdicts in November

Contributor [1]
Thursday, July 10, 2003 - 03:00
Categories: 
Corruption [2]
Issue Number: 
118 [3]
Article-Summary: 

One of France's biggest ever corruption trials ended late Monday after four months of hearings, with top executives of the formerly state-owned oil company Elf Aquitaine facing prison terms of up to eight years. The executives are accused of presiding over a system of bribery and commissions that exploded out of control after Le Floch-Prigent took over the company in 1989 - with payments of millions to secure contracts in Africa and elsewhere.

Category: 
ICT, Media & Security [4]
Oldurl: 
http://www.pambazuka.org/en/category.php/corruption/16250 [5]

Source URL: https://www.pambazuka.org/node/17492

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[1] https://www.pambazuka.org/author/contributor
[2] https://www.pambazuka.org/taxonomy/term/3283
[3] https://www.pambazuka.org/article-issue/118
[4] https://www.pambazuka.org/category/ict-media-security
[5] http://www.pambazuka.org/en/category.php/corruption/16250