Tuesday 18 September 2012

Former Elf oil chief appears on charge of defrauding Emirati - The National

The former chairman of the French oil giant Elf, Loik Le Floch-Prigent, appeared in a Togolese court today, charged with taking part in a scam that defrauded an Emirati businessman of US$48 million (Dh176.3m).

Mr Le Floch-Prigent was arrested in Ivory Coast’s economic capital Abidjan on Friday night as he tried to board an Air France flight to Paris, an Ivorian security source said.

He was transferred to Togo the next day under an international arrest warrant.

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