Wednesday, March 30, 2016

Uramin Olivier Fric indicted – Liberation

In the Lauvergeon family, the husband was finally caught by the first justice. Olivier Fric, 56, has been indicted for “insider trading” and “laundering” in the dark Uramin case, the name of this mining company bought 1.8 billion euros in 2007 by Areva, then headed by his wife Anne Lauvergeon. One of the biggest French industrial strikeouts ( Libération February 11).

The disorder role Olivier Fric sidelines of this operation was highlighted by Tracfin, service laundering of Bercy, in a note dated July 31, 2015. the paper reports “atypical flow” around a company registered in the British Virgin islands, Amlon Limited. Between 18 May and 12 June 2007, more than 326,000 Uramin shares were purchased through the account of this company, whose beneficial owners are Olivier Fric and his partner, Frank Hanse. Then, on June 20, just days after the announcement of the takeover of Areva on Uramin, these shares were sold in a single operation, generating a net profit of 299,000 euros for the pair. Part of the loot was then transferred to the account of another company based in Lichtenstein, also belonging to Olivier Fric. “It can reasonably be expected that (he) has disposed of information which did not benefit other players in the stock market,” underlines the Tracfin time, who also wonders on a mounting “suggesting a desire to mask the operation.”

what information available to the husband of Anne Lauvergeon at the time to speculate on Uramin? “The confidentiality rules were very strict at Areva. Wedding Links do not foresee that we share the secrets that are not yours, “ has defended Wednesday Anne Lauvergeon Le Parisien, while loading the associated her husband. It is the latter, she explained, that “managed the funds of their business and decide on investments.” Meanwhile, Olivier Fric himself would be content to enjoy the good pipe his partner. “My client (…) has never been the beneficiary of a management information or the group’s strategy, which is public,” insisted his lawyer, M th Mario Stasi, which has continued Libération for “undermining the presumption of innocence” following our revelations about the case.

Matchmaker. The indictment Olivier Fric comes today strengthen our information. Beyond insider trading is its role and its relationship with some former officials of Areva which now pose question. Several company employees interviewed by the police in connection with the investigation told Uramin regular interference of the husband of Anne Lauvergeon in the affairs of the company. “My client has never worked for Areva or Areva” again thundered his lawyer. Several elements seem yet prove the contrary, as its role in the construction of a water desalination plant on the site Trekkopje in Namibia. The contract signed by Areva was won in 2008 by the Namibian society UAG, who immediately recruited Olivier Fric as a consultant. A blend of classic genres for one who was accustomed to invite to group headquarters and transmit to his wife resumes for open positions most susceptible. It was he, in particular, who will play matchmaker for Daniel Wouters, Belgian banker in 2006 propelled development director of the Mines Division of Areva. The connection with Olivier Fric was done through an old friend of both men, one Patrick G. Character key to the case, Wouters was at the forefront in the Uramin redemption. The judges suspect today of knowingly withheld crucial information from the State shareholder in the acquisition.

Shrimp. As revealed Libération Daniel Wouters also appears financially linked to former shareholders of Uramin through Swala company involved in gold mining. A society in which Fric himself tried to take shares. Their good business does not end with the Uramin fiasco. A few months after leaving Areva, Wouters appears in another operation alongside Patrick G. and Olivier Fric. This time it comes up between 150 and 200 million euros to develop a farming sector tropical shrimp in temperate countries. The warrant was signed with Matric, a company based in Switzerland and owned by Olivier Fric. Evidence of close links between the husband of Anne Lauvergeon and former promoter Uramin record at Areva.

Emmanuel Fansten

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