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Tapie affair: "If there has been fraud in arbitration, I am totally foreign to it", assures Stéphane Richard


Sentenced on appeal in the Tapie arbitration case to one year suspended prison sentence and a 50,000 euro fine for complicity in the misappropriation of public property, Orange CEO Stéphane Richard is preparing to leave the group.

Invited by

France Inter

this Thursday to react to his conviction in the arbitration case between Crédit Lyonnais and Bernard Tapie, which resulted in the payment of more than 400 million euros to the businessman in 2008, Orange CEO Stéphane Richard expressed his

"incomprehension" in the

face of the judgment.

“If there has been fraud in arbitration, I am totally foreign to it. Is it normal for a chief of staff to pay the consequences of this decision? I don't think so, ”

reaffirmed the former chief of staff of Christine Lagarde in Bercy.

“It was not me who in 2007 came up with the idea of ​​doing an arbitration.

I did not know this case, I did not know Bernard Tapie.

Everyone can see that this idea did not come from me


assured Stéphane Richard.

Read alsoThe conviction of Stéphane Richard destabilizes Orange

The leader then reconsidered his choice to resign from his position as CEO of Orange, which he will leave at the beginning of 2022 at the latest.

"I accept it perfectly, I never thought for a second to remain in this function if condemned. there was.

(...) It was obvious that I could not stay in my post, given the shock that it creates in the company, ”

he said.

“My great pride is to have reconnected and to have brought back dialogue and humanity (in the company).

I am quite proud of what has been done (at Orange), ”

concluded Stéphane Richard.

Source: lefigaro

All business articles on 2021-11-25

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