Jerome Kerviel a strange SMS…
Jerome Kerviel a strange SMS…
The day before the revelation by the General Society of billions lost in the stock market, the trader Jerome Kerviel reportedly received a mysterious SMS ordering it to "save green." Defense and prosecution disagree on the meaning of the message that would have been sent by the medical officer of the bank…
"Attention, information will be released. Protect yourself. Put yourself on the green."
It is the contents of an SMS that Jerome Kerviel received a call on her mobile phone on January 23 last, on the eve of the announcement of the fraud that has cost the General Society nearly five billion euros. According to Le Parisien / Aujourd 'hui en France who made this revelation this morning, the medical officer of the bank which would have sent the text to the trader, who was accused of being behind these losses abyssal.
This message "equivocal," writes the daily, would have been aimed at getting Kerviel for a runaway and thus enhance his guilt in the eyes of justice and public opinion. Faced with this thesis developed by the Defence trader, the bank argues that it was correct to preserve Kerviel of "media pressure" which would not fail to explode upon the announcement of the bank's CEO, Daniel Bouton. Judges should not fail to promptly convene the doctor.
Details of Matthew Aron, Service 'Investigations' France Info (1'07 ")
First confrontation
Yesterday, the trader was confronted with his supervisor in the office of the judges. It was the first confrontation between Kerviel Jerome, in custody for a month just, and the deputy head of desk Delta One. " Under his responsibility that worked Kerviel and seven other traders.
For six hours, magistrates have questioned the conditions under which Kerviel Jerome was able to make its operations between 2005 and early 2008, without his superiors not respond to numerous warnings issued by the control of the bank.
In an internal report, the Inspector General of the General Society has made several assumptions: "efficiency and the variety of techniques of concealment used by the fraudster, the fact that operators do not systematically checking" and finally " by the absence of certain controls. "
The judges also asked how Kerviel was able, alone commit 50 billion euros, while risk-taking was authorized 125 million for all eight traders' desk. "
On February 8, Jerome Kerviel was placed under investigation for "forgery and use of forgeries, in the introduction of computer data systems" and "breach of trust". He was immediately remanded in custody, detention against whom his lawyers have filled in cassation. No hearing date has yet been set. The appellate court, however examine on March 14 an initial request for release of the former trader.
The day before the revelation by the General Society of billions lost in the stock market, the trader Jerome Kerviel reportedly received a mysterious SMS ordering it to "save green." Defense and prosecution disagree on the meaning of the message that would have been sent by the medical officer of the bank…
"Attention, information will be released. Protect yourself. Put yourself on the green."
It is the contents of an SMS that Jerome Kerviel received a call on her mobile phone on January 23 last, on the eve of the announcement of the fraud that has cost the General Society nearly five billion euros. According to Le Parisien / Aujourd 'hui en France who made this revelation this morning, the medical officer of the bank which would have sent the text to the trader, who was accused of being behind these losses abyssal.
This message "equivocal," writes the daily, would have been aimed at getting Kerviel for a runaway and thus enhance his guilt in the eyes of justice and public opinion. Faced with this thesis developed by the Defence trader, the bank argues that it was correct to preserve Kerviel of "media pressure" which would not fail to explode upon the announcement of the bank's CEO, Daniel Bouton. Judges should not fail to promptly convene the doctor.
Details of Matthew Aron, Service 'Investigations' France Info (1'07 ")
First confrontation
Yesterday, the trader was confronted with his supervisor in the office of the judges. It was the first confrontation between Kerviel Jerome, in custody for a month just, and the deputy head of desk Delta One. " Under his responsibility that worked Kerviel and seven other traders.
For six hours, magistrates have questioned the conditions under which Kerviel Jerome was able to make its operations between 2005 and early 2008, without his superiors not respond to numerous warnings issued by the control of the bank.
In an internal report, the Inspector General of the General Society has made several assumptions: "efficiency and the variety of techniques of concealment used by the fraudster, the fact that operators do not systematically checking" and finally " by the absence of certain controls. "
The judges also asked how Kerviel was able, alone commit 50 billion euros, while risk-taking was authorized 125 million for all eight traders' desk. "
On February 8, Jerome Kerviel was placed under investigation for "forgery and use of forgeries, in the introduction of computer data systems" and "breach of trust". He was immediately remanded in custody, detention against whom his lawyers have filled in cassation. No hearing date has yet been set. The appellate court, however examine on March 14 an initial request for release of the former trader.
posted by news of france at
1:22 PM
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home