The probe was launched after the prosecutor’s office was alerted by France’s AMF market watchdog, a source had told Reuters. In March last year, the national financial prosecutor first revealed details of the investigation being launched in February 2020. Should he be chosen, casino executives said they will be watching to see who Sam appoints to his government, and particularly who will take over as the finance secretary who oversees the casino industry.
(Reporting by Farah Master; editing by Miral Fahmy) “To improve our economic performance, we have begun streamlining our store network: closing unprofitable stores, converting integrated sites to franchises, carefully selecting our new franchise partners and opening new stores with high potential,” recently appointed CEO Philippe Palazzi said in a statement. The arrest order, signed by the Senate president on Friday and to be carried out by the Senate’s sergeant-at-arms, came after the mayor, Alice Guo, failed to appear for a second consecutive hearing on Wednesday, citing stress.
BY THE NUMBERS (Key data points) In late March, Casino completed its financial restructuring and a new leadership team was appointed by a consortium led by Czech billionaire Daniel Kretinsky, ending the 30-year reign of the company’s owner, Jean-Charles Naouri. Mosiac, the struggling company that owns womenswear brands Noni B, Katies, Autograph and more, said on Friday it needed to resolve a number of matters prior to the finalisation of its results and anticipated lodging them by the end of September.
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