Saturday, May 9, 2015

Bercy urges Henri Proglio to sever his ties with the Russian Rosatom – Challenges.fr

The information reported by the media, was confirmed at Bercy where we invoke “a matter of principle to avoid possible conflicts of interests.”

“We asked some number of conditions and they are so far not fulfilled, “the ministry said in a development reported by Le Monde.

The newspaper quoted the entourage of the Minister Emmanuel Macron, where it states: “That the Honorary President of EDF and future boss of Thales is paid, even indirectly, by a group that has hold of the entire Russian civil and military nuclear industry is somewhat surprising.”

confirmed Wednesday Appointment

Replaced at the head of EDF by Jean-Bernard Levy, Henri Proglio has been chosen to ensure non-executive Chairman of Thales under a laborious compromise between Dassault Aviation group and the State, the two major shareholders of the defense electronics group.

His nomination must still be ratified by the general assembly of Thales, which meets Wednesday.

According to Le Monde, Henri Proglio, who sits on the board of two companies related to Rosatom, JSC Akkuyu Nuclear and Fennovoima Ltd, has appealed to the lawyer Jean-Pierre Mignard, a relative of François Holland, to examine the situation.

The remuneration of Henri Proglio in question

In a note to Bercy and the Elysee, the lawyer believes that the bonds of Henri Proglio with JSC Akkuyu Nuclear and Fennovoima Ltd, two companies established for projects of nuclear power plants in Finland and Turkey, “not to focus on strategic issues that may influence decision making within the group Thales.”

He argues in particular that the companies in question had “no connection with the development of nuclear power at the military level,” reports Le Monde.

The newspaper also states that the issue of remuneration of Henri Proglio to Thales, which was the subject of heated discussions, would pose more difficulty and that he would just 140,000 euros a year when he was claiming from 400,000.

(With Reuters)

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