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PARIS, June 24 (Xinhua) -- French businessman Bernard Tapie was held on Monday for questioning over an arbitration deal that awarded him a large pay-out in 2008 to settle a long dispute with the state-run bank Credit Lyonnais.
The hearing by the country's financial brigade could last up to 96 hours for Tapie who risked accusations of "organized fraud."
"I did not care to be questioned. What do you think? Appointments like this one, I had seven with Eva Joly with charges against me were dismissed in six cases and discharged in another one... Justin Jones Youth Jersey ," Tapie told the local broadcaster Europe1.
The case goes back to 1993 when Tapie, former minister and supporter of ex-president Nicolas Sarkozy, sued the state for compensation after selling his stake in sports company Adidas to then state-owned bank Credit Lyonnais.
Tapie argued the bank now the bank part of Credit Agricole, had defrauded him after it later resold his stake for a much higher sum.
In 2008, Christine Lagarde, then finance minsiter decided to use arbitration to handle a row that resulted in 400 million euros (524.2 million U.S. dollars) being paid to the businessman.
Last month, the International Monetary Fund chief was also questioned for two days about the payout to Tapie Uchenna Nwosu Youth Jersey , but she was named an "assisted witness".
Meanwhile, her cabinet chief at the time, Stephane Richard, Orange CEO was placed under formal investigation for "organized fraud" as part of the corruption probe.
Richard risked being sentenced to 10-year jail term and fined 1 million euros. (1 euro =1.31 U.S. dollar)
Throughout its history, Limoges porcelain has been made by a number of factories and artisans. In fact, contrary to what many people believe, Limoges is not the name of a company that makes china or porcelain at all. Instead Kyzir White Youth Jersey , the name, Limoges can, and is, used to refer to any piece of porcelain that is made in the town of Limoges, France and that also uses kaolin clay. Many people think of fine porcelain when they hear the name ?Limoges.?
Kaolin, which means ?white clay? in Chinese, is a mineral Derwin James Youth Jersey , and the chief ingredient of porcelain. One of the oldest towns in France, Limoges is near the site of the European discovery of kaolin. After that momentous discovery, a single manufacturing installation was established in 1771 by two brothers, Fourneira and Massie Grellet, in Limoges. The production of fine porcelain began in earnest.
That one factory enjoyed such great success that the King of France purchased it. In this way, the installation could make the Limoges porcelain that would be painted at the royal porcelain factory that was maintained outside of Paris.
By the 19th century, a number of facilities were opened in order to satisfy the desires of the courts of Europe who demanded the finest in Limoges porcelain. These factories Rayshawn Jenkins Youth Jersey , such as Pouyat, Baignol, Alluaud, and Tharaud, became famous makers of Limoges china.
A man by the name of David Haviland, who hailed from New York, established a Limoges porcelain factory in 1842. This facility made Haviland china. This famed Limoges brand Forrest Lamp Youth Jersey , was targeted for the market in the United States. As a result, Limoges porcelain garnered international recognition as the premier producer of china.
During the 1880s, Limoges porcelain blanks were produced in Limoges, France and then sent to the United States. Members of china painting clubs would gleefully follow the enclosed instructions in order to successfully paint the Limoges china vases and plates. Although very beautiful and a great way to build a collection of Limoges porcelain informally, these Limoges porcelain pieces are not particularly collectible.
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