The custody of Casino CEO Jean-Charles Naouri was lifted Thursday night. Heard in the premises of the Paris judicial police as part of an investigation for price manipulation and insider trading in particular, the entrepreneur is at the heart of an investigation opened in 2020 by the National Financial Prosecutor's Office (PNF). It follows a report from the Autorité des marchés financiers (AMF) and relates to facts that date back to 2018 and 2019.
According to a source close to the case, this investigation concerns the links of Jean-Charles Naouri and the Casino group with the press boss Nicolas Miguet. The distributor is accused of having paid the latter to recommend in its financial publications the purchase of Casino shares.