Michel Prada, president of the AMF, denies faulty investigation
into the alleged insider trading case at EADS. He assesses the EADS probe is one of the “most sensitive” affairs the regulator has had to deal with. He also regrets the leaks to the press, which have “provoked understandable protests from the targeted individuals” at EADS and Airbus, but asserts that “the procedure followed by the AMF has been irreproachable and in compliance with the law”. Mr Prada says he has “not been subjected to any pressure” in this affair. Commenting on the letter Louis Gallois, the CEO of EADS, sent to the AMF mid-March, claiming the watchdog was conducting the investigation “the wrong way”, Mr Prada answers he “does not understand what Mr Gallois wants to say”. AFP (16/04), Reuters (16/04), Bloomberg (16/04), Le Monde, Les Echos, Challenges
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