Corruption probe targets General Electric chief in France

French authorities are investigating possible conflict of interest after a former government adviser was named to head General Electric's operations in France

A judicial official said Tuesday the Paris prosecutor's office opened an investigation based on a complaint from environmental party lawmaker Delphine Batho. The official would not elaborate, and was not authorized to be publicly named.

GE France employs thousands of people and has come under fire for job cuts despite receiving French government aid.

The company said the accusations are "totally unfounded" and that Bailey's nomination was authorized by a public service ethics commission.