The former president of Medef, Ernest-Antoine Seillière, was sentenced on Wednesday in Paris to a three-year suspended prison sentence and a fine of 37,500 euros, found guilty of tax evasion for having participated in 2007 within the Wendel company in an ultra-sophisticated financial arrangement aimed at deceiving the tax authorities.
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The former boss of the investment company, Jean-Bernard Lafonta, was given a four-year suspended prison sentence.
Eleven other executives and a former tax lawyer were given sentences ranging from a suspended fine to a suspended prison sentence with a fine of 37,500 euros.
