FRANCE’S ELF PETROLEUM CORRUPTION SCANDAL has produced jailtime for several:

Stiff sentences were handed out on Wednesday to the three central figures in France’s biggest ever corruption trial involving the diversion of €300m from Elf, the former state oil group, for personal enrichment and bribes during the late eighties and early nineties. . .

Elf, set up as a state run company by Gen Charles de Gaulle to ensure French independent sources of oil, had long been used as an unofficial arm of French foreign policy, as well as to provide under-the-table funds to political parties.

There’s also a roundup here.

Stay tuned for developments in the Credit Lyonnais scandal, which may produce trials in the United States!