Negociant Raphaël Michel involved in preliminary inquiry

Monday June 19 2017 by Vitisphere

According to a news brief by French media VS News, that has been confirmed by the company’s press relations agency, bulk wine specialist Raphaël Michel is currently involved in a preliminary inquiry by the customs authorities. The French administration intends to lead an in-depth investigation into VAT and excise duty payments to ascertain whether there has been any tax fraud within the company.

The inquiry, which is being led by a judge, is expected to last several months. The company does not wish to release any information during that time. It is currently run by its CEO Guillaume Ryckwaert.

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