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French rogue trader Kerviel in border appeal to Hollande | French rogue trader Kerviel in border appeal to Hollande |
(about 3 hours later) | |
Convicted rogue trader Jerome Kerviel says he will not return to France to face a three-year prison term without hearing from President Hollande. | Convicted rogue trader Jerome Kerviel says he will not return to France to face a three-year prison term without hearing from President Hollande. |
Kerviel, 37, caused his bank Societe Generale losses of 4.9bn euros (£4.1bn) but lost his appeal against a jail term in March. | Kerviel, 37, caused his bank Societe Generale losses of 4.9bn euros (£4.1bn) but lost his appeal against a jail term in March. |
He had been expected to return to France from Italy on Saturday. | He had been expected to return to France from Italy on Saturday. |
But he told reporters he wanted Francois Hollande to grant immunity to witnesses who could testify for him. | But he told reporters he wanted Francois Hollande to grant immunity to witnesses who could testify for him. |
Although the appeal ruling in March upheld his jail term, it scrapped an order for Kerviel to return the money he had lost. | Although the appeal ruling in March upheld his jail term, it scrapped an order for Kerviel to return the money he had lost. |
Kerviel, convicted in 2010, had set off on foot from Rome to Paris before the ruling and spoke to reporters a short distance from the French border. | |
He said potential witnesses were ready to give evidence but were "afraid" of doing so. | He said potential witnesses were ready to give evidence but were "afraid" of doing so. |
Kerviel is required to report to French police by Sunday afternoon. "If they want to come and find me, let them come," he said. | Kerviel is required to report to French police by Sunday afternoon. "If they want to come and find me, let them come," he said. |
In a piece published by French daily Nice Matin on Saturday, Kerviel said he was awaiting a response from Mr Hollande to an open letter written by his lawyer. | In a piece published by French daily Nice Matin on Saturday, Kerviel said he was awaiting a response from Mr Hollande to an open letter written by his lawyer. |
Recalling a 2012 presidential campaign speech in which Mr Hollande spoke of finance as his "true adversary", Kerviel said: "Does he understand, he who can do everything, that I am nothing in this affair, if not a victim of his enemy?" | Recalling a 2012 presidential campaign speech in which Mr Hollande spoke of finance as his "true adversary", Kerviel said: "Does he understand, he who can do everything, that I am nothing in this affair, if not a victim of his enemy?" |