Baron Luc Vansteenkiste was in custody on suspicion of using inside knowledge in the Fortis case.
Last year Luc Vansteenkiste learned during a conference call of the Board of Directors of Fortis that it would be dismantled. The baron passed on this information to Bois Sauvage, that used this information to liquidate its shares of Fortis. This way Bois Sauvage avoided a loss of €14 million, unfortunately a transaction based on inside knowledge is not allowed!
Christophe Boucquet
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Baron Luc Vansteenkiste was in custody on suspicion of using inside knowledge in the Fortis case.
Last year Luc Vansteenkiste learned during a conference call word order: Last year during a conference call, Luc Vansteenkiste learned from the Board of Directors of Fortis of the Board of Directors of Fortis that it would be dismantled. The baron passed on this information to Bois Sauvage give a bit more information about Bois sauvage!, that used this information to liquidate its shares of Fortis. This way Bois Sauvage avoided a loss of €14 million, unfortunately a transaction based on inside knowledge is not allowed! This last sentence is not coherent!
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