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Paris - A Paris prosecutor on Friday rejected two suits by rogue trader Jerome Kerviel against Societe Generale, the bank he brought to the brink of collapse.
Kerviel, who on Wednesday lost an appeal against a three-year jail term and a €4.9bn fine for his part in France's biggest rogue-trading scandal, had sued his former employer on grounds of fraud.
His lawyer claimed that the bank had manipulated secret recordings to make it appear that the trader's superiors were unaware of his activities.
He also contested the fact that Kerviel was ordered to repay the money he lost, arguing that Societe Generale had already recovered a third of the sum in the form of a tax write-off.
The prosecutors said the recordings were not selective and that Kerviel could not claim a reduction in the fine as he had lost his appeal in the case.
Kerviel however did not profit personally from his unauthorised €50bn of uncovered bets on financial futures markets in 2007 and 2008.
Convicted in October 2010 for breach of trust, forgery and entering false data into computers during the covert stock market deals, Kerviel has remained free pending the result of his appeal.
