Orange boss Stéphane Richard sentenced to one year in prison

Stéphane Richard was convicted in the Tapie case.

© Orange

The Paris Court of Appeal delivered its verdict on Wednesday: Orange CEO Stéphane Richard is sentenced to one year suspended imprisonment and a fine of 50,000 euros in the controversial 2008 arbitration case between Bernard Tapie and Crédit Lyonnais. After a general acquittal at first instance in July 2019, the one who was at the time chief of staff to the Minister of the Economy Christine Lagarde was found guilty of complicity in the misappropriation of public property.

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The former magistrate Pierre Estoup and the historical lawyer of Bernard Tapie Maurice Lantourne were sentenced for fraud, respectively to three years of firm imprisonment and a fine of 300,000 euros, and to three years in prison, one of which was firm, 300 000 fine and a ban on practice for five years.

Read also – Terraillon, Adidas, La Vie Claire … The sometimes chaotic affairs of Bernard Tapie

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