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Questioning of former Airbus head in insider probe extended: source

AFP,  July, 2008  

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PARIS (AFP) — The former German chief executive of aircraft manufacturer Airbus, Gustav Humbert, will he held for questioning for another 24 hours in connection with alleged insider trading at Airbus parent EADS, a source close to the probe said Tuesday.

Humbert was detained for questioning Monday by France's financial crime unit.

He was the first German member of the cross-border aviation and engineering giant to be brought in for questioning and the third high-level figure to be publicly implicated by investigators.

Former EADS chief executive Noel Forgeard and the company's former general manager, Jean-Paul Gut, have already been charged in the probe although both have denied any wrongdoing.

The French financial ...