Bernard Tapie made a fortune within the early a part of his profession by taking on failing corporations
Paris: Former French minister and scandal-ridden tycoon Bernard Tapie, the previous proprietor of Adidas, was attacked alongside together with his spouse throughout a night-time housebreaking of their house, police sources stated Sunday.
The couple have been asleep when 4 folks broke into their home in Combs-la-Ville close to Paris round 00:30 AM (2230 GMT Saturday) on Sunday, beat them and tied them up earlier than making off with their loot.
Dominique Tapie was in a position to free herself and made her approach to a neighbour’s house from the place she alerted police. Barely injured, she was then taken to hospital.
Tapie himself declined to be taken into medical care, the sources stated.
There was no instant details about what items the perpetrators took and what the loot is value.
Tapie is a former Socialist minister who rose from humble beginnings to construct a sporting and media empire, however later confronted a string of authorized issues.
He made a fortune within the early a part of his profession by taking on failing corporations, and infrequently flaunted his wealth, together with by shopping for a 72-metre yacht and a soccer membership.
One fraud case has dogged Tapie for greater than a decade, involving a massively controversial settlement value 400 million euros ($470 million at present charges) awarded to him by a authorities arbitration panel, the scale of which despatched shockwaves by means of France.
The panel judged he had been the sufferer of fraud when he offered his stake within the Adidas sports activities attire firm in 1993 to state-run French financial institution Credit score Lyonnais, which was discovered to have undervalued the sportswear model.
The case additionally ensnared then-finance minister Christine Lagarde who now runs the European Central Financial institution.
Lagarde’s dealing with of the case sparked suspicion that her former boss Nicolas Sarkozy, whom Tapie had backed for president in 2007, was favourably disposed in the direction of the businessman — allegations Sarkozy has vehemently denied.
Police are treating Sunday’s incident as a violent theft and kidnapping, one other supply near the investigation informed AFP.
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