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JUSTICE - Former Societe Generale trader Jerome Kerviel, jailed for causing a loss of 4.9 billion euros to his bank, will Thursday if the Court of Appeal of Paris accepts his release under electronic bracelet. ohio deferred comp
Become a symbol of the excesses of global finance, it was finally sentenced in March to five years' imprisonment, three farm and serving his sentence in mid-May in Fleury-Merogis ohio deferred comp in Essonne.
On August 1, he received his placement under electronic bracelet but the prosecution of Evry has appealed the decision by a judge to sentence enforcement (JAP). Before the Court of Appeal on 26 August, the general prosecution requested his detention. Judgment was reserved to September 4.
If rejected, his lawyer, David Koubbi, has already ohio deferred comp announced that he would file another request for release, claiming to have a dozen employers willing to hire his client.
If the Court of Appeal reached by contrast to its request, Jerome Kerviel could quickly get out of jail. In this case, the judgment Thursday specify the date of his release and the conditions related to electronic tagging, said a judicial source.
According to the procedure, if Kerviel is released, it will have to go to a prison service and probation (SPIP) where an electronic bracelet will ask him, before winning his home with a supervisor who will proceed to the setting of the device, said a judge to sentence enforcement. The device notifies remotely by an alarm if the recipient does not meet the constraints or attempts to break it.
The defense of the former trader based his wrist in investment demand on the fact that once deducted trial detention (41 days) and discounts of automatic ohio deferred comp penalties provided by law, Jerome Kerviel could request in July 2015, either half of his sentence, conditional release.
However, Article 723-7 of the Criminal Procedure Code provides a measure of sentence adjustment "can be executed a year before" mid-sentence, allowing the former trader at the request now. Jerome Kerviel presented "a promise of employment in respectable society," said Mr Koubbi, adding that his client also had a flat.
During his judicial route, the former trader, who had played in 2008 of 50 billion market in the name of his bank disguising his positions, ohio deferred comp acknowledged some responsibility before appearing as the victim of a system, accusing ohio deferred comp Societe Generale machination and partiality of Justice.
Supported by figures from the left, as Jean-Luc Mélenchon, Eva Joly, or churchmen like Bishop Jean-Michel di Falco or GB father