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Tuesday, February 1, 2022

French to step up probes into care homes group Orpea amid mistreatment claims

 France will step up probes into French care homes company Orpea - at the centre of allegations of mistreatment which the company has denied - government minister Brigitte Bourguignon told France Inter radio on Tuesday.

Bourguignon said all of France's regional health authorities will visit all facilities run by Orpea, while a financial investigation by the IGF body (Inspection Generale des Finances) would also take place regarding Orpea.

She added the government would soon make further announcements regarding the inspection of all care homes.

Orpea shares were down 1.2% in early session trading.

On Sunday, Orpea dismissed its director general Yves Le Masne, amid claims of resident mistreatment made in a book, and appointed current non-executive chairman, Philippe Charrier, as its new chief executive officer.

Orpea's shares had already lost about half of their value last week after the publication of extracts of a book accusing the company of mistreatment on the elderly were published in a newspaper. The company has denied the accusations.

https://www.marketscreener.com/quote/stock/ORPEA-4799/news/French-to-step-up-probes-into-care-homes-group-Orpea-amid-mistreatment-claims-37704472/

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