Elf oil’s former CEO puts a new spin on the infamous Nigerian Scam. Perhaps more than any other public figure in France, including politicians elect, Loïk Le Floch-Prigent represents the country’s twisted political and financial ties to African heads of state. In 2003, Loïk Le Floch-Prigent, former CEO of the Elf oil company (now Total […]
Loïk Le Floch-Prigent: Once a Thief, always a Thief
In 2003, Elf Aquitaine’s chief executive Loïk Le Floch-Prigent went to prison. Now he’s out on appeal, and an international arrest warrant indicates he’s wanted again. The corruption case of Elf Aquitaine is infamous in France. The country’s once state-owned oil company, now privatized and functioning as Total oil group, was found by a […]
King of Sleaze: Back to Jail for Loïk Le Floch-Prigent
Former CEO of Elf-Aquitaine Loïk Le Floch-Prigent can’t seem to stay out of prison. In the game of Monopoly, players have the chance to draw a Get out of Jail Free card. But in the game of life, no such card exists. As a result, former CEO of France’s Elf-Aquitaine, Loïk Le Floch-Prigent, will be […]