News

FRANCE: Alize director placed in custody

Most popular

e-commerce's watershed moment - former Amazon exec

Campari Group Performance Trends 2015-2019 - data

Could bulk beer shipping be a COVID-19 legacy?

Carlsberg, Marston's are winners, who are losers?

The just-drinks analyst returns

MORE

The director of L & L, the French company known for its Cognac-based cocktail Alizé, has been taken into police custody this week in Bordeaux.

As of yesterday (26 June), the 58-year-old Jean-Paul Lafragette was reported to be in temporary police detention in the nearby city of Angouleme.

Lafragette, who has been under investigation for misappropriation of funds at L & L, which is 49%-owned by the New York-based Kobrand Corporation, was suspended last year as managing director of the company.

The original case against Lafragette was brought last year by the Kopf family, owners of Kobrand, in relation to the alleged misappropriation of over EUR1m (US$1.6m). It is now understood, however, that there are other charges relating to other business dealings adding up to about EUR10m.

Lafragette was taken to prison in Bordeaux from his home at Chateau Rouillac on Tuesday, and was moved to Angouleme after a court hearing yesterday.


Sectors: Spirits

Related Content

"Where is the next opportunity? It's in Asia. And, in Asia, the opportunity is China" - South Africa...

Sustainability in Wine - Part I: Why Wine is Different

Sustainability in Wine - Part I: Why Wine is Different...

Sustainability in Wine - Part IV: The Role of Generic Organisations

Sustainability in Wine - Part IV: The Role of Generic Organisations...

Sustainability in Wine - Part III: Collective Engagement

Sustainability in Wine - Part III: Collective Engagement...

Oops! This article is copy protected.

Why can’t I copy the text on this page?

The ability to copy articles is specially reserved for people who are part of a group membership.

How do I become a group member?

To find out how you and your team can copy and share articles and save money as part of a group membership call Sean Clinton on
+44 (0)1527 573 736 or complete this form..



Forgot your password?