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French financial prosecutors search bank offices over dividend stripping
CGTN

French authorities on Tuesday searched offices of several large banks, including Societe Generale, BNP Paribas and HSBC, on suspicion of money laundering and fiscal fraud, a spokesperson of the PNF financial prosecution office told Reuters.

The spokesperson confirmed earlier reports by the French newspaper Le Monde which said the probe was linked to dividend stripping.

Source(s): Reuters

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