Banier: 710,000 euros per year L'Oreal

The case Bettencourt rebounds in the economic field. Le Monde said in its edition dated 31 July, the bonds that unite Francois-Marie Banier, this time not to Liliane Bettencourt directly, but to society that it is the first shareholder, L'Oreal. The newspaper said the cosmetics group had concluded in 2001 a "sponsorship agreement" and a "service contract" with society Héricy, founded in 1996 by Francois-Marie Banier. The friend of Liliane Bettencourt would receive each year and 710,000 euros per year under these two contracts, and until December 31, 2011. Income is slightly lower than, for example, the patron of Michelin, Michel Rollier.

The day of the signing of these agreements, whose existence was confirmed by lawyer Francois-Marie Banier, it would have sent a letter to the former CEO of L'Oreal, Lindsay Owen-Jones, making reference to payments "Dear Lindsay, It is with great emotion that I have just signed the contract that allows me to work even for ten years without the desire to please," wrote François-Marie Banier, already accused by Francoise Bettencourt Meyers, the daughter of Liliane Bettencourt, "abuse of weakness" on the person of his mother.

This time, it is the shareholders who turned against Francois-Marie Banier. According to Le Monde, citing the lawyer Frederik-Karel Canoy, a sixty shareholders have decided to join the approach of Michel Tiphineau, a retiree who has already filed complaints against Francois-Marie Banier 5 July last for abuse of corporate assets .The Paris prosecutors opened a preliminary inquiry, which has been entrusted to police the financial police.

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