who was Regine’s little brother, involved in the Elf scandal?

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who was Régine's little brother, involved in the Elf scandal?





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Death of Maurice Bidermann: who was Regine’s little brother, involved in the Elf scandal?

Iconic figure of textiles, Maurice Bidermann died on Monday March 30 at the age of 87 following several chronic diseases, his entourage told AFP. The occasion to retrace the professional career of the little brother of the singer Regine, who found himself involved in the Elf affair, one of the main French politico-financial scandals, in 1994.

Sad news for Regine ... In this period of confinement, 90-year-old singer faces death of little brother Maurice Bidermann. 87 years old, the industrialist, who suffered from several chronic diseases, died on Monday, March 30 in the morning in a Parisian hospital, as his entourage reports toAFP. Born in 1932 in Anderlecht, Belgium, Maurice Bidermann settled in Israel before returning to France to work in his father’s confectionery workshop, located in the 20th arrondissement of Paris. In April 1950, he decides to join the textile business of his uncle Georges Bidermann, of which he will become the managing director at the end of the 1980s. But fifteen years later, in 1995, Maurice Bidermann, who was one of Nicolas Sarkozy’s relatives, faced serious financial difficulties. He will be forced to transfer the French part of his business to the Deveaux Group.

At the same time, Maurice Bidermann finds himself at the heart of the Elf affair, one of the main French politico-financial scandals, in 1994. Regine’s brother is singled out for financing his business, up to 772 million Francs (around 117 million euros), as well as a fictitious job for the wife of the CEO of Elf. Two years later, in March 1996, he was indicted for “misuse of corporate assets, concealment of misuse of corporate assets, presentation of false balance sheets and dissemination of inaccurate information “ then detained for non-compliance with judicial review in August 1998. In November 2003, Maurice Bidermann was found guilty and sentenced to three years’ imprisonment, two of which were suspended and one million euros in fines.

After being domiciled in Morocco, the industrialist is targeted by an investigation by the Moroccan tax authorities who suspected him, in the early 2010s, for not having declared all of his income from foreign sources. A busy and eventful life that didn’t stop him from following closely the musical career of his sister Regine. On January 10, he was also present at La Chope des Puces in Saint-Ouen with his wife Danielle to celebrate the singer’s 90th birthday, who is now plunged into terrible mourning.

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