Orange CEO to face trial for complicity in fraud and embezzlement
Orange CEO Stephane Ricard has found himself in a bit of hot water with complicity in fraud and embezzlement charges dating back to his days in the French Ministry.
According to the Financial Times, Ricard will be tried alongside five other suspects in a case dating back to the mid-90s. Bernard Tapie, who also faces charges, received a payment of €405 million in 2008, after the businessman claimed he was defrauded by the now-defunct state-owned bank Crédit Lyonnais, after its advisor
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