Alexandre Fonseca Wikipedia, Espose, Biografia, Familia
Alexandre Fonseca Wikipedia, Espose, Biografia, Familia – As a result of an investigation into alleged corruption, tax fraud, and money laundering at the telecom company’s Portuguese division, co-chief executive of Altice Alexandre Fonseca has resigned from all of his positions, the company announced on Monday.
Alexandre Fonseca Wikipedia, Espose, Biografia, Familia
According to his attorney Pedro Marinho Falcao, Armando Pereira, a co-founder of Altice, was detained last week as part of an investigation into allegations that the group’s Portuguese procurement procedure “was rigged, with practises that were harmful to the group’s own companies and competitors.”
Patrick Drahi, a telecom magnate from France and Israel, and Portuguese immigrant Pereira formed Altice. As of Monday, he was still in arrest.
The sale of a group of buildings in Lisbon that allegedly cost hundreds of millions of euros and was connected to the failure to pay some taxes occurred when Fonseca was CEO of Altice Portugal, according to local media.
Fonseca, who served as the CEO of Altice Portugal from November 2017 to April 2022, was not regarded as a suspect in the probe. Among other things, Fonseca serves as chairman of the American and Portuguese divisions of Altice.
Alexandre Fonseca Wikipedia, Espose, Biografia, Familia
Fonseca “announced to the group that he decided to activate the suspension of his executive and non-executive roles in the management of the group in several geographies, including his positions as chairman of several affiliates,” according to a statement from Altice.
In an ongoing public process where reportedly there are facts under investigation that occurred during the time when he was the CEO of Altice Portugal, it was said that Fonseca “is looking to fully protect and safeguard the best interests of the Altice Group and all of its brands.”
Altice announced on Friday that it had launched an internal inquiry into purchasing and real estate transactions in Portugal and across the larger business, and that it had halted payments and purchase orders involving the firms under investigation.
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