Bad news for the french taxpayer  Because, in the event of a lawsuit for corruption in the United States, the rule is that the amount of the fine covers the totality of the financial loss. Admittedly, the prosecutor could simply claim Areva $ 243 million corresponding to the amount of the acquisition of Ausra. But it can also very well demand the reimbursement of all the federal expenses incurred in the case, namely: the $ 7.7 billion invested in the MOX plant ever built, the $ 19.9 billion that will be swallowed up in the management of unprocessed plutonium and the 243 million of the Ausra acquisition, totaling nearly $ 28 billion, or, if you prefer, € 24.1 billion at the current rate.

Needless to say, since Orano does not have a penny in its pocket, the state should go to the cash register. The only way to avoid such a disaster, argue the jurists, would be that the French justice sanctions itself guilty.

AREVA BUSINESS: THE MONSTROUS FINE THAT THREATENS FRANCE ,https://www.capital.fr/entreprises-marches/affaire-areva-la-monstrueuse-amende-qui-menace-la-france-1308725 –(translation Noel Wauchope)  THIERRY GADAULT    27/09/2018 The nuclear group could be fined 24 billion euros by the US justice in a corruption case in the United States. A file that could embarrass Anne Lauvergeon but also Edouard Philippe, at Areva at the time of the facts.

·         Forget the scandal Credit Lyonnais 1990s and the 15 billion euros it has cost France. The Areva case is about to break all records. According to our information, the US justice discreetly warned the French authorities in early July  that it could launch a trial for corruption against the former tricolor nuclear star. And that in case of conviction, the fine could go up to … 24 billion euros, the equivalent of one third of income tax revenue.

·         Since then, Areva has been cut in three (since being acquired by EDF) and was renamed Orano, as if to give it a new start. Alas! Now that a possible corruption pact, concluded in 2010 by the company with leaders of the American Democratic Party, threatens to explode for good.

·         A case that could also smirch the Prime Minister Edouard Philippe, director of public affairs of Areva at the time.

“When, at the beginning of the year, I discovered the scale of this affair, I communicated with the director of the FBI all the information that  I had been able to get my hands on”, Marc Eichinger revealed to Capital . This private investigator specializing in the fight against serious international crime and corruption is very aware of the case: it was he who wrote the report submitted in April 2010 to the security department of Areva to denounce the potential fraud related the redemption of Uramin three years earlier.

·         Stunned by this new case of corruption in the United States, he also forwarded the whole file to French justice, causing a heating up of the investigation in a summer, already scorching. According to our information, the financial brigade, in charge of Areva’s sprawling affairs, recommended to the National Financial Office (PNF) to open a new instruction for “bribery of foreign public official and trading in influence”. But at the beginning of September, when we wrote these lines, the PNF had still not followed these recommendations.

At the heart of this new scandal, which has not yet erupted in the United States, the conditions in which Areva acquired, in February 2010, is Ausra, an American startup specializing in solar energy. Continue reading →