2023-07-19 10:26:40
Armando Pereira was co-founder of Altice with Patrick Drahi in 2022 Bastien Roux / PANORAMIC
PORTRAIT – The Franco-Portuguese businessman, billionaire with very modest origins, is suspected in a corruption case of which the State and Altice Portugal are the victims.
One of the first fortunes of Portugal, held by the authorities for five days. It is difficult to imagine the state of bewilderment that has inhabited the small Lusitanian business world in recent hours. Armando Pereira, one of the country’s leading economic figures and co-founder of the media and telecoms giant Altice, owned by Patrick Drahi, slept in police custody this weekend. A provisional placement, while waiting to give the authorities his testimony on the facts implicating him in a vast scandal of corruption, tax evasion and money laundering.
It was at the end of last week, during a major raid by the Portuguese authorities – 90 searches throughout the country – that the 71-year-old businessman was arrested. He, and a little less than a dozen employees and executives of Altice (particularly in Portugal), or close to the company, would have enriched themselves through a system of commissions on fraudulent transactions including the State like Altice …
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