Tapie-Crédit Lyonnais arbitration: Orange boss Stéphane Richard sentenced on appeal

Published on : 11/24/2021 – 10:38

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 Crédit Lyonnais.

After a general acquittal at first instance in July 2019, Stéphane Richar, who was at the time chief of staff to the Minister of the Economy, Christine Lagarde, was found guilty on Wednesday November 24 of complicity in the misappropriation of public property in the Bernard Tapie-Crédit Lyonnais arbitration case.

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

More information to follow

With AFP

1 thought on “Tapie-Crédit Lyonnais arbitration: Orange boss Stéphane Richard sentenced on appeal”