Orange risks losing CEO to fraud verdict

Jamie McKane

MyBroadband Journalist
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Orange risks losing CEO to fraud verdict

Orange SA risks losing its chief executive next week over decade-old allegations of fraud that have clouded his leadership of France’s biggest phone company.

A Paris court will decide on July 9 whether CEO Stephane Richard helped businessman Bernard Tapie cheat the government out of about 403 million euros ($455 million) in 2008, when he was chief of staff to then Finance Minister Christine Lagarde. He faces as much as 18 months in prison.

[Bloomberg]
 

RedViking

Nord of the South
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Feb 23, 2012
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20,246
Lock him up! Thief! Nevermind the goverment, they probably stole millions form customers and unpaid bills to partners. 'TSEK!
 
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