Bernard Tapie: Scandal-ridden French tycoon and ex-minister dies aged 78

Paying Social Media Jobs
Social sharing

The former French minister and tycoon Bernard Tapie has died from cancer at the age of 78, his family have told the press group La Provence, which he owned.

Briefly a socialist minister under President Mitterand in the early 1990s, he built a sporting and media empire but was known for a string of scandals and legal problems.

As owner of the football club Olympique de Marseille he enjoyed success when the club won the French championship and later the Champions League in 1993. But soon after, allegations of match fixing emerged, with Tapie at the centre of suspicions.

The flamboyant businessman went to prison for six months after being convicted in 1995 for corruption, tax fraud and misuse of corporate assets. He was also banned from running for public office.

A long-running fraud case involved a €400 million settlement awarded to Tapie by a government panel over the sale of his stake in Adidas to the bank Credit Lyonnais. The then finance minister Christine Lagarde became caught up in the case, being found guilty of negligence.

In 2017 Tapie was ordered by a court to pay back the money but won an appeal two years later.

Earlier this year a fraud trial was halted because of his ill health.

French Prime Minister Jean Castex paid tribute to Bernard Tapie on Sunday, describing him as a “fighter, for his ideas, his convictions” and someone who was “always very committed against the far right”.

Source

READ ALSO  Nigerian Businessman robbed of €800,000 Euros in his apartment in Paris, France
About 9News Nigeria 8842 Articles
9News Nigeria is Nigeria's favourite news source.For Authentic, Unbiased News on Politics, Business, Sports, Technology, Entertainment and Lifestyles, Health, Nollywood, Crime and Investigations, Family and Relationships, Inspirations .. and much more.For Latest News from Africa and around the world, 9News Nigeria is your best source. WhatsApp +2348115805632 Email: info@9newsng.com Facebook: www.facebook.com/9NewsNG | Twitter/Instagram: @9newsng

Be the first to comment

Leave your comment

Paying Social Media Jobs
Paying Social Media Jobs
Paying Social Media Jobs