BR100 Decreased By (-0.32%)
BR30 Decreased By (-0.61%)
KSE100 Decreased By (-0.19%)
KSE30 Decreased By (-0.14%)
AGHA 6.61 Decreased By ▼ -0.06 (-0.9%)
BECO 4.37 Increased By ▲ 0.02 (0.46%)
BML 55.25 Decreased By ▼ -0.92 (-1.64%)
BOP 29.94 Decreased By ▼ -0.18 (-0.6%)
CNERGY 12.70 Decreased By ▼ -0.28 (-2.16%)
CSIL 5.23 Decreased By ▼ -0.08 (-1.51%)
FCCL 51.55 Decreased By ▼ -0.10 (-0.19%)
FFL 14.43 Decreased By ▼ -0.06 (-0.41%)
FNEL 1.19 Decreased By ▼ -0.02 (-1.65%)
KEL 6.01 Decreased By ▼ -0.05 (-0.83%)
KOSM 5.40 Decreased By ▼ -0.44 (-7.53%)
LOTCHEM 26.01 Decreased By ▼ -0.16 (-0.61%)
MLCF 90.90 Decreased By ▼ -0.33 (-0.36%)
NBP 161.50 Decreased By ▼ -2.69 (-1.64%)
NCPL 52.38 Decreased By ▼ -0.80 (-1.5%)
NPL 57.97 Decreased By ▼ -1.15 (-1.95%)
OGDC 314.90 Increased By ▲ 1.51 (0.48%)
PACE 9.81 Increased By ▲ 0.04 (0.41%)
PAEL 34.95 Decreased By ▼ -0.29 (-0.82%)
PIBTL 14.30 Decreased By ▼ -0.41 (-2.79%)
PPL 219.75 Decreased By ▼ -1.61 (-0.73%)
PRL 89.60 Decreased By ▼ -1.62 (-1.78%)
PTC 59.30 Increased By ▲ 0.11 (0.19%)
SSGC 23.21 Decreased By ▼ -0.09 (-0.39%)
TBL 8.70 Decreased By ▼ -0.05 (-0.57%)
TELE 7.46 Decreased By ▼ -0.15 (-1.97%)
TPL 21.20 Decreased By ▼ -0.83 (-3.77%)
TPLP 12.17 Decreased By ▼ -0.39 (-3.11%)
TREET 21.40 Decreased By ▼ -0.33 (-1.52%)
TRG 54.98 Decreased By ▼ -0.81 (-1.45%)
اردو
Android App
Print Edition Dollar to PKR
Daily Petrol Prices Intl Oil Prices Iran-US war Gold Rates Podcasts PSX Notices
World Print edition: 2023-06-02

French supermarket CEO detained in stock manipulation probe

Published Updated
Save
1 min
Comments
By AFP
Add BRecorder as a trusted
source on Google
Google Preferred Source

PARIS: The head of a top French supermarket chain was taken into custody for questioning Thursday in an inquiry over stock price manipulation, insider trading and corruption suspicions, a source close to the case said.

Jean-Charles Naouri, already under pressure to reduce debt at retailer Casino, was being held in Paris by judges probing links between the CEO and a populist financial journalist who has made several attempts at the French presidency.

The alleged acts date to 2018 and 2019, the source told AFP, with judges investigating since 2020. Lawyers for Naouri did not respond to requests for comment.

Investigators searched Casino’s headquarters as well as Naouri’s home in May 2022.

French presidency

Comments

Comments are closed for this article.

More Stories

Browse all stories