Total SA CEO Banned From Meeting Iranian Officials

Law360, New York (March 23, 2007, 12:00 AM EDT) -- A judge on Friday banned Total SA’s CEO, Christophe de Margerie, from meeting former Iranian president Ali Akbar Hashemi Rafsanjani and his son after cross-examination of another executive revealed connections between the two parties.

The French oil company confirmed on Wednesday that three of its employees, including Margerie, are being questioned with regards to the ongoing French judicial inquiry into the company’s activities at the South Pars gas field in Iran since December 2006.

The investigation centers on a contract signed in 1997 between Total and...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.