Press review
14 April 2023

Press review – Week of 10 April 2023

In this week's press review, Anticor accuses the former president of EDF of illegal interest taking, a Swiss banker pleads guilty to tax fraud in the United States, and a former minister appears in court for embezzlement of public funds. Vivendi Group is forced to sell Gala magazine to comply with European competition rules. The Ministry of Economy plans a reform of the customs procedure for the summer, and a vast investigation leads to the closure of a website selling private information on the darknet.

 

Anticor files an alert targeting the former president of EDF for illegal interest in the renationalisation

On 27 October 2022, the former president of EDF, Jean-Bernard Lévy, participated in the vote to renationalise the company while he was a censor on the board of Société Générale, one of the banks involved in the State’s offer. The anti-corruption association Anticor reported these facts to the Paris public prosecutor’s office on 21 March 2023, suspecting illegal interest. > Read article

 

A Swiss executive pleads guilty to conspiracy to defraud the US Internal Revenue Service

Daniel Wälchi, board member of the Swiss bank Privatbank IHAG’s holding company, pleaded guilty to helping Americans conceal 60 million dollars in in Swiss bank accounts between 2009 and 2014 in order to evade the IRS, the US tax regulator. The case is still pending before the U.S. Department of Justice (DoJ) and an IRS-Criminal Investigation is still underway. > Read article

 

Marseille: Free meal and dry cleaning, the former minister Hubert Falco accuses of embezzlement of public funds

Hubert Falco, mayor of Toulon and former minister, deputy and senator, appeared 11 April 2023 before the criminal court of Marseille in a case of embezzlement of public funds. Indeed, he is alleged to have benefited from free meals at the Var departmental council between 2015 and 2018, even though he had not been a member since 2002, and to have personally benefited from a contract between the departmental council and a laundry company to wash his personal laundry. > Read article

 

#Competition law: The Vivendi group will have to offer to sell “Gala” to comply with European competition rules

Vivendi Group announced that it has been forced to sell Gala magazine, following pressure from the European Commission under antitrust rules. Indeed, it appears that the Gala magazine would be in direct competition on the celebrity press market with Paris Match magazine, owned by Lagardère Group, in which Vivendi Group should hold 57% of the capital after authorization from the European Commission to come. > Read article

 

Customs control: a historic reform to protect individual freedoms

Following the censure by the Conseil constitutionnel of an article allowing customs officers the search of vehicles and persons carrying goods, the French legislative arsenal had to be updated. The Ministry of the Economy is planning a reform for July, which will include the duty for customs officers to inform the public prosecutor’s office in advance or to be able to justify plausible reasons for suspecting an offence before carrying out searches outside a defined area (40km around the borders). > Read article

 

Cybercrime: three arrests in France after the dismantling of a key Darknet website

A transnational police operation targeting a darknet website, Genesis Market, that sold stolen personal data, including access to streaming platforms, was carried out by seventeen countries, with the Dutch authorities and the FBI leading the investigation. This operation led to numerous arrests, searches and seizure of the website. > Read article

Related content

Press review
24 May 2024
Press review – Week of 20 May 2024
This week, the press review covers the fine imposed on bank company N26, the trial of EDF and its former...
Press review
17 May 2024
Press review – Week of 13 May 2024
This week, the press review covers the death of Renaud Van Ruymbeke, the conviction of former Mayor of Toulon for...
Event
16 May 2024
Anticorruption initiatives in Latin America: Lessons from the last decade (webinar)
To contribute to the Latin America and Caribbean Weeks event, organised by the French Ministry of Europe and Foreign Affairs...
Publication
14 May 2024
LIR 6th Edition : Focus on ADP INGENIERIE and SEVES Group/SEDIVER CJIPs
Navacelle contributes to The Legal Industry Reviews' sixth edition, focusing on the last two CJIPs (kind of French DPAs) concluded....
Analysis
6 May 2024
Overview of the future European Anti-Money Laundering Authority
The new Authority for Anti-Money Laundering and Countering the Financing of Terrorism will be based in Frankfurt and shall start...
Press review
3 May 2024
Press review – Week of 29 April 2024
This week's press review focuses on the indictments of Arnaud Lagardère for misuse of company assets and abuse of power,...
Press review
26 April 2024
Press review – Week of 22 April 2024
This week, the press review covers the European Parliament’s adoption of the Corporate Sustainability Due Diligence Directive, the definitive conviction...
Press review
19 April 2024
Press review – Week of 15 April 2024
This week, the press review covers the publication of TRACFIN’s 2023 report on professionals’ suspicious transaction reports, the decision of...
Press review
12 April 2024
Press review – Week of 8 April 2024
This week, the press review covers the Panama Papers trial which opened on Monday, 8 April, the decision rendered against...
Press review
5 April 2024
Press review – Week of 1 April 2024
This week, the press review covers the conviction by the American justice system of the crypto assets platform FTX‘s former...
Press review
29 March 2024
Press review – Week of 25 March 2024
This week, the press review covers the opening of proceedings against Google, Apple and Meta by the European Commission for...
Press review
22 March 2024
Press review – Week of 18 March 2024
This week, the press review covers the report of the French Court of Auditors on the financial situation of the...