This is the former chief executive and former chief financial officer of the group. The Orpea company itself filed a complaint for internal “embezzlement”.
Two former leaders of the private group Orpea were placed in pre-trial detention after the opening of a judicial investigation, Thursday, June 29, for breach of trust, fraud, abuse of corporate assets, money laundering in an organized gang and corruption, announced Friday at AFP the parquet floor of Nanterre. These managers are the former managing director and the former chief financial officer of the group.
The former deputy general manager of the group of private nursing homes has been placed under judicial control. A preliminary investigation was opened in May 2022 following complaints filed by Orpea denouncing “embezzlement” internal “which would have been committed in particular by former senior executives”the prosecution said in a statement.
“Doubtful Financial Transactions”
The three men were taken into custody on Tuesday and then brought before the investigating judges of the economic and financial center of the Nanterre court. A complaint against Orpea’s X filed in April 2022 was, according to the company, “past facts and operations (…) likely to raise questions with regard to Orpea’s corporate interest and discovered following internal investigations”.
According to a survey by Mediapart and the collective of journalists Investigate Europe, published in May 2022, the Luxembourg holding company Lipany, created in 2007, has “accumulated 92 million assets”, “mainly shares in many nursing homes and clinics managed by Orpea”in France and in three other European countries, and “carried out dubious financial transactions”. Lipany belongs, according to Mediapart, to Roberto Tribuno, an accountant and tax adviser who was the boss of Orpea in Italy. This holding “makes almost no profit and has never distributed dividends”and its activities are “entirely financed by debt” so “at least opaque”says the investigative media.
“The Orpea group itself suspects that operations carried out with the Luxembourg company would have been used to embezzle money”, underlined Mediapart. In addition to the judicial information on these embezzlements, Orpea is also the target of several preliminary investigations, including an investigation for institutional mistreatment and financial offences. The group is also under investigation for “forgery and use of forgery and violation of labor legislation by abusively resorting to fixed-term contracts”.