US Edition2025 - Paprec to Pay €17.5 Million to Resolve Corruption and Collusion Legal Issues
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Paprec pays EUR 17.5 million to get out of proceedings involving suspicions of corruption, cartels and favouritism
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.
·Paris, France
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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…
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