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CURBS IN PLACE: Kerviel's conditional release from prison set strict limits on his movements and contacts. -- PHOTO: REUTERS
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PARIS - JEROME Kerviel, the trader accused of causing record losses at French bank Societe Generale (SG), has found a new job at French software company LCA.
LCA director David Feldman said on Thursday that Kerviel had been working at the company, which is based near Paris, for about two weeks.
'He has been in the building. He's been working with us now for about two weeks,' Mr Feldman told Reuters, confirming an earlier article on the website of French magazine Le Point.
On Jan 24, SG unveiled 4.9 billion euros (S$10.5 billion) in losses it said were caused by rogue deals carried out by Kerviel, a 31-year-old junior trader at the bank.
Kerviel was freed from prison last month after an appeal against his detention, but remains under formal investigation for breach of trust, computer abuse and falsification.
The main manager of LCA is Mr Jean-Raymond Lemaire, an information technology executive who let Kerviel stay with him just after the trading scandal broke.
Mr Feldman declined further comment on the nature of Kerviel's position or his work at LCA.
Kerviel's conditional release from prison set strict limits on his movements and contacts.
He is barred from entering a trading room or an exchange, may not engage in any activities related to financial markets, and has to present himself weekly at a police station.
He cannot leave the Ile-de-France central French region, which includes Paris, without permission and must surrender his passport and identity card.
REUTERS
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