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Former French Oil Executive Extradited To Togo, Faces Fraud Charges

The former CEO of French oil corporation Elf Aquitaine, Loik Le Floch-Prigent, has been extradited from the Ivory Coast to Togo on charges relating to a $48 million fraud scheme. The funds in question were contained in a Togolese bank account belonging to the former military ruler of the Ivory Coast, Robert Guei, who was killed in 2002. Le Floch-Prigent had previously been convicted in France for embezzlement of hundres of millions of dollars in public funds during his time as head of Elf.

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