12 convicted for EUR 146 million ETS fraud

A further 36 people have been prosecuted in the "twilight case" concerning a EUR 146 million scam on the carbon quota market. One of the accused has been sentenced to nine years in prison.
Photo: Alexander F. Yuan, AP
Photo: Alexander F. Yuan, AP

The criminal court in Paris delivered its first verdict in the case of fraud involving billions of CO2 quotas, report media including Le Monde. 12 people have been convicted and sentenced to prison or fined for their role in the "twilight case", named for one of the companies involved in the fraud, Crépuscule, which saw the French state defrauded of EUR 146 million.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
!
!
Must contain at least 6 characters
!
Must contain at least 2 characters
!
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

!
Newsletter terms

Front page now

Further reading

Jobs

See all jobs