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/ 8 February 2008
A French inquiry into a €4,9-billion trading loss at Société Générale widened to a second broker on Friday as investigators sought to establish whether rogue trader Jerome Kerviel acted alone. The news emerged as a court prepared to rule on whether Kerviel should be taken into custody.
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/ 21 November 2007
A French judge has placed former president Jacques Chirac under formal investigation for embezzlement of public funds during his time as mayor of Paris, Chirac’s lawyer Jean Veil said on Wednesday. Chirac, who lost his immunity from prosecution after stepping down as president in May, has consistently denied any wrongdoing.