The former head of French oil giant Elf, Loik Le Floch-Prigent, has been charged with accessory to fraud in Togo, his lawyer said yesterday.
Mr Le Floch-Prigent was questioned on Monday for three hours by a Togolese judge who handed down the charge following his lightning-fast extradition from Ivory Coast over the weekend.
The investigation involves a complaint from Emirati businessman Abbas Al Yousef who alleges he was the victim of a US$48million (Dh176m) fraud.
Mr Al Yousef claims Mr Le Floch-Prigent was acting as his personal adviser at the time.
newsdesk@thenational.ae