Hornbill Unleashed

July 20, 2017

Two French execs indicted for graft over Scorpene sale

Filed under: Politics — Hornbill Unleashed @ 8:02 AM

Image result for Two French execs indicted for graft over Scorpene sale

French investigators have indicted two former top executives with corruption over alleged kickbacks from the 2002 sale of two Scorpene-class submarines to Malaysia, according to sources close to the long-running inquiry.

Agence France-Presse (AFP) reported today that the two are Phillippe Japiot, former chairperson of French naval dockyards unit DCNI and Jean-Paul Perrier (in photo above), former chief executive of the French defence and electronics giant Thales.

It also reported that one of the sources said Japiot has also been indicted for “abuse of social assets” and Perrier for “complicity in the abuse of social assets.

The investigation was launched in 2010, after a complaint was filed by Suara Rakyat Malaysia (Suaram) in France in November 2009.

The investigation was to determine if a former president of French defence group, Thales International Asia, had paid kickbacks to Prime Minister Najib Abdul Razak via his former close associate, Abdul Razak Baginda, for a contract to supply two Scorpene submarines to Malaysia.

Najib was defence minister when the sale of the two submarines took place, through a joint venture between Thales and fellow defence company DCN.

Razak Baginda, Najib and former Thales president Bernard Baiocco have denied the allegations.

From 2001 to 2007, Japiot headed DCNI, the international branch of France’s naval shipbuilding operations, which last month changed its name to Naval Group.


Source : Malaysiakini


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3 Comments »

  1. MACC is deliberately ignoring 1MDB and the Scorpene scandals and corruptions and looking for scapegoat in FGV because the MACC chief and AG are corrupted to the core.

    Comment by Mat Som — July 20, 2017 @ 10:42 PM | Reply

  2. Where else the devil who took blood money is enjoying life in UK with his family

    Comment by Salim — July 20, 2017 @ 4:34 PM | Reply

  3. The givers from the French manufacturer were convicted in court but the receiver or receivers were laughing their way to the banks because they were protected by a kleptocrat from Malusial. Similarly all the senior officials including Jho Low who were responsible for laundering 1MDB stolen money to the accounts of Najib Razak with AmBank and overseas were well protected by the Kleptocrat and his corrupted AG, IGP and MACC chief.

    Comment by Mat Som — July 20, 2017 @ 2:21 PM | Reply


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