Economy
Monday, 08 September 2014
He gambled almost five billion euros and drives a French bank almost to ruin. After going on a three-year prison sentence in May Ex-Trader Kerviel is free again. But he has to live with an ankle bracelet for a while.
After about four months in prison have become known as the billion gamers exchange trader Jerome Kerviel was released. The 37-year-old came on Monday morning under the probation free to wear an electronic ankle bracelet until June 2015.
Kerviel had begun his three-year prison sentence in May, the Court of Appeal in Paris decreed last week for his release. The prosecution had initially blocked against this step.
“Better than nine square meters”
“I’m over the moon to come out today,” the ex-stockbroker said before the prison of Fleury -Mérogis in Paris of his journalists expected amount. “It’s always better than being trapped on nine square meters”. he added. Kerviel now wants to lead a normal life and work as a consultant for a computer science company. In the week during the day and throughout the weekend he must leave the apartment.
A former employee of the Paris bank Société Générale had been sentenced in two methods, because it arbitrarily and ruthlessly gambled away € 4.9 billion. Embezzlement, document forgery and manipulation of computer data he received three years in prison, two others were suspended.
More on the topicKerviel thinks he’s innocent. He claims that his former employer was aware of the speculation and tolerated it. A trip to Italy before his arrest caused a media sensation, especially Kerviel was also present at a general audience of Pope Francis. There was no affair Kerviel more, but an affair Société Générale, said attorney David Koubbi after the release of his client.
Source: n-tv.de
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