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France indicts former Thales, DCNI executives for alleged graft in Malaysian submarine case

( July 19, 2017, 03:11 GMT | Insight) -- French investigators have indicted two former senior business executives in a long-running probe into alleged kickbacks from the 2002 sale of submarines to Malaysia, Channel NewsAsia reports. French investigators have indicted two former senior business executives in a long-running probe into alleged kickbacks from the 2002 sale of submarines to Malaysia, Channel NewsAsia reports. The two are Philippe Japiot, former chairman of the French naval dockyards unit DCNI, and Jean-Paul Perrier, former chief executive of the French defence and electronics giant Thales.The two, who were questioned in May, have both been indicted for corruption. Japiot has additionally been indicted for "abuse of social assets" and Perrier for "complicity in the abuse of social assets," according to the report. ...

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