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Tapie-Crédit Lyonnais arbitration: Orange boss Stéphane Richard sentenced on appeal to 1 year suspended sentence

2021-11-24T09:17:43.755Z


Pierre Estoup and Maurice Lantourne were sentenced to three years' imprisonment and a fine of 300,000 euros.


Orange CEO Stéphane Richard was sentenced Wednesday by the Paris Court of Appeal to one year suspended imprisonment and a 50,000 euro fine in the controversial 2008 arbitration case between Bernard Tapie and Credit Lyonnais.

Read also Orange: the future of Stéphane Richard suspended from the verdict of the Tapie trial

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.

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 including one firm, 300,000 d fine and a ban on practice for five years.

Source: lefigaro

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