Itâs All About The Alimony...
The former head of French oil giant Elf, Loik Le Floch-Prigent, on Tuesday admitted to a Paris criminal court that corporate funds had been used to pay for his costly divorce settlement. "What was done was done according to my instructions," Le Floch-Prigent said when asked about the EUR 5 million (USD 5.4 million) allegedly paid to ex-wife Fatima Belaid from secret Elf accounts in Switzerland.
The article linked in the title of this post plus the information in this article give a fascinating look into the ugly intersection of French politicians and TotalFinaElf.
There's a lot to read, but well worth your time!
Posted by: seafarious 2003-04-20 |