Ugly truth to the French? by Barbora Misakova

It is not funny to be rich, I would say. Especially when you are addicted on your money and you still want more and more. Some would say that common people are simply jealous of these people’s wealth and maybe it is truth a bit. But when scandal like the last one with “Madame” Bettencourt comes out in the wash, everyone is happy with the things (and money) he has. Bettencourt is the only child of Eugene Schueller, the founder of L’Oreal Company. She was very young (at the age of 15) when she joined father’s company as an apprentice. Later in 1957 when her father died, she inherited the L’Oreal fortune and became the principal shareholder.! Today is this 88-year-old cosmetics and beauty queen shame of her father, the whole L’Oreal family and France as well. When transcripts of conversations between Bettencourt and her financial advisor secretly recorded by the billionaire’s butler showed up on the internet, the scandal exploded. Bettencourt not only plotted to evade taxes, but there is also suspicion she was illegally donating President Nicolas Sarkozy’s 2007 election campaign and also several other right-wing political figures. French police detained four men for questioning Thursday, including Bettencourt’s financial manager Patrice de Maistre and her long-year-friend, photographer Francois-Marie Banier. Also heiress’ former lawyer, Fabrice Goguel and Carlos Vejarano, who runs Arros Island in the Seychelles allegedly owned by Bettencourt, were held in custody. It is hard to say if Sarkozy’s effort to defuse the scandal on television Monday will be helpful. Police is searc! hing homes and offices of several people linked to Bettencourt! . If the y find anything what will confirm allegations, they all will have a lot to explain.

related story (sgx17845): http://www.france24.com/en/20100715-paris-france-police-fina...

by Barbora Misakova for Cantell TV (http://cantell.tv)

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