US Edition2025 - Paprec to Pay €17.5 Million to Resolve Corruption and Collusion Legal Issues
4 Articles
4 Articles
The waste collection and treatment group obtained a judicial agreement to close the proceedings against him in a case of corruption and favouritism, the investigation of which is ongoing.
The waste management group was suspected of money laundering of tax fraud, favouritism, active bribery of public service personnel and unlawful conspiracy.
2025 - Paprec to Pay €17.5 Million to Resolve Corruption and Collusion Legal Issues
Paprec Group has settled legal issues by agreeing to pay a 17.5 million euro fine related to fraud in public waste contracts, avoiding a trial. The company, facing serious allegations since a 2020 investigation, includes former CEO Jean-Luc Petithuguenin among those indicted. The settlement represents a small percentage of Paprec’s projected turnover and will be accompanied by a three-year anti-corruption program. The investigation continues, wi…
Paprec, waste collection and treatment group, has obtained on Tuesday 11 February an agreement with the justice, to escape its prosecution. Suspected of money laundering of tax fraud,...
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