Press review
1 March 2024

Press review – Week of 26 February 2024

This week’s press review covers Washington's adoption of new sanctions against Russia, the involvement of a French municipal agent in a corruption case, the investigation opened against the French Minister of the Economy Bruno Lemaire for forgery and the federal judge's validation of the plea agreement between the crypto asset platform Binance and the U.S. authorities.


#Export Control & International sanctions:

United States: Adoption of new sanctions against Russia

To mark the two years of the conflict in Ukraine and following the death of Alexei Navalny, the White House announced new sanctions against Russia on 23 February 2024, targeting more than 500 people and entities from various countries. The U.S. Treasury Department and State Department respectively targeted more than 300 and 250 people and entities, while the Commerce Department added over 90 companies to the Entity List. > Read article


#White collar crime

Marseille: 5 years’ imprisonment requested against a municipal agent accused of corruption

A municipal agent of the city of Marseille, nicknamed Mother Teresa of the 2nd arrondissement, appeared before the criminal court with thirteen accomplices and intermediaries for corruption charges. She is accused of having requested bribes of up to 2,000 euros from social housing applicants between 2016 and 2019 in order to have their applications processed, even after she had left her job – for an estimated gain of around 40,000 euros. The public prosecutor requested a five-year prison sentence and a fine of 50,000 euros against the person whom he described as being the core element of this day-to-day corruption. > Read article

Motorway concessions: Bruno Le Maire under investigation for forgery

A preliminary investigation has been opened against Bruno Lemaire, Minister of the Economy, and Claire Landais, Secretary General of the Government, for forgery. In 2023, the environmental activist Raymond Avrillier denounced the opacity of negotiations between the government and private companies during the renewal of the motorway concessions in 2015. According to this activist, there are documents relating to this renewal that the government refuses to communicate. A complaint was filed with the National Financial Prosecutor’s Office on the grounds of forgery, but the case was subsequently transferred to the Paris Prosecutor’s Office. > Read article

Cryptocurrencies: the plea agreement between Binance and the U.S. authorities validated by a federal judge

The plea agreement reached between the cryptoasset platform Binance, represented by its CEO, Changpeng Zhao, and the U.S. authorities was validated by a federal judge on 23 February 2024. Initially, Binance’s CEO had pleaded guilty for violating U.S. anti-money laundering laws. Under the terms of this agreement, Binance was sentenced to pay a record fine of 4.31 billion dollars imposed by the U.S. Department of Justice. > Read article

Related content

Press review
12 July 2024
Press review – Week of 8 July 2024
This week, the press review covers the confirmed conviction of a French sawmill for illegally importing exotic wood from Brazil,...
12 July 2024
Overview of 2024: White collar crime
Panorama of decisions and events relating to white collar crime which have occurred in France over the last twelve months.
Judicial public interest agreements (CJIP)
12 July 2024
CJIP Observatory : Key to understand French DPA
Since its creation by the Sapin II law of 9 December 2016, the Judicial Public Interest Agreement (“Convention Judiciaire d’Intérêt...
Press review
5 July 2024
Press review – Week of 1 July 2024
This week, the press review covers the acquittal of 28 people implicated in the Panama Papers scandal, Turkey’s withdrawal and...
Press review
28 June 2024
Press review – Week of 24 June 2024
This week, the press review covers the conviction of Jean-Paul Huchon for illegal taking of interests, the case of Jean-Christophe...
25 June 2024
Articulation of tax and criminal procedures: consequences of the corrective declaration on the obligation to...
In a ruling handed down on 23 May 2024, the Criminal Division of the Cour de Cassation (French Supreme Court),...
Press review
21 June 2024
Press review – Week of 17 June 2024
This week, the press review covers the admissibility of the actions against Total and EDF relating to breaches of the...
19 June 2024
Compliance and forensic investigations: optimising how companies, lawyers and forensic professionals work together
Grant Thornton France invited Stéphane de Navacelle to take part in a panel with Jean-Marie Pivard (Publicis Groupe), Jennifer Fiddian-Green...
2 min
19 June 2024
Discussion on harassment prevention and exposure
Invited by Colas Rail, Stéphane de Navacelle discussed with 100+ group top managers during their Management Committee 2024, on 19 June 2024.
2 min
Press review
14 June 2024
Press review – Week of 10 June 2024
This week, the press review covers three people being charged for fraud in the Hauts-de-Seine, the dismantling of an undeclared...
13 June 2024
Future prospects for International Anti-Corruption Court
A panel held during the 20th Annual IBA Anti-Corruption Conference hosted at the OECD in Paris.
Press review
7 June 2024
Press review – Week of 3 June 2024
This week, the press review covers the trial of several Île-de-France’s elected officials including concealment of misappropriation of corporate assets...