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Go Sport: opening of an investigation for "abuse of social good"

2023-01-18T12:22:52.144Z


The research section of the Grenoble gendarmerie was seized last November. The Grenoble prosecutor's office opened an investigation in November 2022 for " abuse of social property " concerning the company Go Sport, he said on Wednesday, confirming information from the newspaper Liberation . The research section of the Grenoble gendarmerie was seized on November 9, 2022, according to deputy prosecutor François Touret de Coucy. " The auditors have transmitted several revel


The Grenoble prosecutor's office opened an investigation in November 2022 for "

abuse of social property

" concerning the company Go Sport, he said on Wednesday, confirming information from the newspaper

Liberation

.

The research section of the Grenoble gendarmerie was seized on November 9, 2022, according to deputy prosecutor François Touret de Coucy.

"

The auditors have transmitted several revelations of criminal facts

," he added, without further details.

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Go Sport, which employs 2,160 people in France, is awaiting a decision from the Grenoble commercial court on a possible receivership procedure.

A hearing was held on Monday and the decision is due Thursday.

The employees of Go Sport, and especially their union representatives and the central social and economic committee (CSEC) have been particularly alarmed in recent months by a rise of 36 million euros in cash from Go Sport to its parent company HPB (Hermione , People & Brands).

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At the end of December, after a first hearing, the courts had given an investigating judge the mission of "

making a precise statement of the financial situation

" of the group and its subsidiary Go Sport France, with the help of its audit firms and of its auditors.

Loss-making for years, Go Sport, founded in 1978 and based in Sassenage in the suburbs of Grenoble, had been bought at the end of 2021 for a symbolic euro by HPB from the parent company of the Casino food distribution group, the company Rallye, itself heavily in debt.

Source: lefigaro

All business articles on 2023-01-18

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