topics
tools
Expatica countries
Index Last Var.(%)
BEL 20 3083.51 0.32
DAX 9605.08 0.17
IBEX 30 10058.5 -1.04
CAC 40 4387.61 -0.20
FTSE 100 6806.86 -0.05
AEX 397.5 -0.20
DJIA 16272.65 0.46
Nasdaq 4318.933 0.63
FTSE MIB 20298.33 -0.11
TSX Composite 14214.35 0.18
ASX 5415.4 -0.10
Hang seng 22836.96 0.04
Straits Times 3110.78 0.45
ISEQ 20 836.3 0.23
EUR / USD 1.37976 0.67
EUR / GBP 0.82571 0.59
USD / GBP 0.598544 -0.10
Gold 1329.6 -0.13
Oil 108.9 -0.76
Silver 21.28 0.08
You are here: Home News French News France probes money laundering linked to Ben Ali, Mubarak
Enlarge font Decrease font Text size


17/06/2011France probes money laundering linked to Ben Ali, Mubarak

Public prosecutors in Paris said Friday they are investigating suspected organised money-laundering linked to Tunisia's ousted president Zine El Abidine Ben Ali and Egypt's Hosni Mubarak.

The Paris prosecutor's office said it had opened the probes on Tuesday.

The two leaders were forced out of power earlier this year following unprecedented street protests against their decades-old regimes and their excesses at a time of economic plight.

France has been working on identifying French assets belonging to Ben Ali ever since he fled Tunisia for Saudi Arabia in mid-January. Paris has already blocked the French bank accounts of the ex-leader and of his aides.

The former Egyptian leader's personal fortune is estimated between one million dollars and dozens of billions of dollars in cash and hard assets.

The non-governmental organisations Sherpa and Transparency International France earlier this month filed a request to open a preliminary investigation against Ben Ali and his entourage over their assets.



© 2011 AFP


0 reactions to this article

0 reactions to this article

 
 
 
 
 
Inside Expatica
Management culture in France

Management culture in France

This handy guide from Expertise in Labour Mobility includes information on business hierarchy, negotiations, and etiquette.

American associations and clubs in Paris

American associations and clubs in Paris

A listing of organizations in the Paris area that cater primarily to Americans living in France. Updated April 2011.

British associations and clubs in Paris

British associations and clubs in Paris

Our handy guide to the British community in Paris, from cricket clubs to Scottish country dancing lessons to where to find a jar of Marmite.

Anglophone services in France

Anglophone services in France

Here's a short introduction to our Banking section for those living in France, from how to open a bank account to Islamic banking and investments.