FLOSSE SELLS PARIS MANSION FOR $8.2 MILLION

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Former Tahiti President in jail pending corruption probe

PAPEETE, Tahiti (Tahitipresse, Dec. 17, 2009) – In Tahiti, the Paris residence of Senator Gaston Flosse has reportedly been sold, according to the Tahititoday blog.

The mansion has been sold for 680 million French Pacific francs (US$ 8,245,000/€ 5,700,000).

Former French Polynesia President Gaston Flosse bought his Paris residence back in 1994.

The mansion has also reportedly been ransacked last July while Flosse was in Paris.

According to the daily newspaper "Les Nouvelles de Tahiti", Flosse has never reimbursed a US$ 2,846,181/€ 2,000,000 loan he contracted at the Bank of Tahiti in the 1990's to buy the Paris mansion.

Sen. Flosse, who is also one of the French Polynesia Assembly's 57 representatives, was Tahiti's government president from 1984-2004 and two times briefly since 2004.

He lost his French parliamentary immunity on Nov. 3, which allowed him to be indicted in the Papeete investigation about the French Polynesia Office des Postes et Télécommunications (OPT). The 78-year-old politician has also been sent to Tahiti's Nuutania jail.

Flosse is among 13 people who have been indicted in the corruption investigation.)

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