French bank BPCE's chief cleared in conflict of interest case


BPCE group Chairman Francois Perol attends the company's 2014 annual results presentation in Paris February 19, 2015. REUTERS/Christian Hartmann

PARIS (Reuters) - A French court on Thursday cleared BPCE bank Chairman Francois Perol of wrongdoing in a conflict of interest case over his previous role as a presidential adviser on banking.

The court acquitted him of a charge of illegal conflict of interest. Prosecutors had alleged there was such a conflict between his 2009 appointment as head of France's second-biggest retail bank, and his position advising Nicolas Sarkozy, who was president at the time.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Peru lawmakers gather support to call for debate to oust president Jeri
US, Taiwan finalize deal to cut tariffs, boost purchases of US goods
Ukraine's Zelenskiy: We have backed US peace proposals to get a deal done
China's Sun Long wins silver in men's 1,000m short track speed skating at Milan-Cortina (updated)
Australia's conservative opposition picks former energy minister Taylor as new leader
China opens women's curling campaign with victory at Milan-Cortina Games
North Korea says South Korea should take steps to prevent violation of its sovereignty
U.S. stocks close lower
Medal table at Milan-Cortina Winter Olympics on February 12
EU moves to speed up single market, eyes smaller-group cooperation

Others Also Read