French prosecutors have received a report from financial investigators which
sharply criticise the French media and communications giant
Universal‘s accounting practices under former CEO Jean-Marie Messiere,
The report, which accuses Vivendi of ‘aggressive’ bookkeeping involving
‘sophisticated legal and financial engineering’ has been turned over to
financial prosecutors Henri Pons and Jean-Marie d’Huy.
Messier, forced to leave Vivendi in 2002, was fined €1m by the French stock
market regulator in 2005 for having failed to properly inform the market and
shareholders between 2000 and 2002.
The fine was reduced to €500,000 on appeal and a €1m fine for Vivendi was
reduced to €300,000.
Report argues that the government must change the way it makes tax and budget decisions
Harrison Beale & Owen will (HB&O) have a new chairman and managing director at the helm for 2017
Satvir Bungar promoted to managing director in the mergers and acquisitions team
Carolyn Brown appointed as the first head of client legal services practice RSM Legal