Renault admits wrongful termination in the espionage case

Renault admits wrongful termination in the espionage case

Michael Balthazard, Bertrand Rochette and Matthieu Tenenbaum were the three executives fired by Renault in the espionage scandal. It appears that the case has reached its end with Renault representatives admitting that the suspicion of industrial espionage was wrong. Renault's accsusations against the three ex-employees are baseless and this result comes after the French authorities did some serious investigations related to the company's dismissal of the men. Renault's allegations were that the executives held satellite bank accounts in Lichtenstein and Switzerland where their funds for spying were hid. Renault has now the not so pleasant task of finding a proper way to compensate the execs for having a damaged image and losing their jobs. According to Renault's reports, they are looking for another employee who could be a possible suspect while imposing some sanctions against those who had an involvement in the original terminations, including the head of security who led the investigation, Dominique Gevrey.


Renault admits wrongful termination in the espionage case image