Telecoms group Altice’s co-founder Armando Pereira has been detained in Portugal, native media mentioned on Friday, as a part of an investigation into alleged corruption, tax fraud and cash laundering.
Altice’s Lisbon headquarters and the house of the 71-year-old millionaire in Portugal’s northern municipality of Vieira do Minho had been raided by officers, in response to broadcasters CNN Portugal and SIC TV.
Altice Portugal, which didn’t instantly reply to a request for remark, is the nation’s largest telecoms firm and is a part of the Dutch-based telecoms and cable group Altice.
In an announcement, Portugal’s division of investigation and prison motion (DCIAP) mentioned 90 raids had been carried out on Thursday and Friday at properties, firms and regulation companies throughout the nation, and that three folks had been detained.
It didn’t title these detained.
It mentioned it was investigating alleged crimes of corruption, tax fraud, forgery and cash laundering.
“The suspicions that led to the investigations indicate that the Altice Group’s decision-making process was rigged in terms of procurement, with practices that were harmful to the group’s own companies and competitors,” DCIAP mentioned.
Those detained would seem in courtroom on Saturday, it mentioned.
DCIAP mentioned paperwork and possessions, corresponding to luxurious automobiles, had been seized, with an estimated worth of round 20 million euros ($22.45 million).
SIC Notícias reported that Pereira was detained at a facility of the Portuguese prison investigation company (PJ) in Lisbon. PJ didn’t instantly reply to a request for remark.
Source: www.anews.com.tr
