Washing whiter
French business grandees have been questioned over tax evasion
ARE the mighty fallen? No, but several barons of French business may feel they are being dragged towards a judicial abyss. This week it emerged that Claude Bébéar, chairman of the supervisory board of Axa, Europe's largest insurance company, and Henri de Castries, Axa's chief executive, had been called in by French police for questioning over tax evasion involving a Luxembourg insurer, PanEuroLife.
This article appeared in the Finance & economics section of the print edition under the headline “Washing whiter”
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