Altice Group places several managers and employees on leave while investigation takes place

Altice International and its affiliates “have placed several legal representatives, managers and employees in Portugal and abroad on leave” while the investigation into “Operation Picoas” is ongoing, the group announced today, assuring collaboration with the authorities. In a statement, Altice International said it “continues to carry out its activities in the normal course” following the […]

Altice co-founder’s defense repudiates “widespread attack” with ‘Operation Picoas’

Armando Pereira’s defense today repudiated the “widespread attack in Portugal” on the co-founder of Altice because of the ‘Operation Picoas’ process, in which the Public Ministry (MP) investigates alleged crimes of corruption, tax fraud, money laundering and forgery. “The communication around this operation was done in such a way that it led to him being […]

“We must focus on our operation”, says Altice Portugal CEO

The chief executive officer (CEO) of Altice Portugal, Ana Figueiredo, defends, in a letter sent to employees, that the owner of Meo should focus on its operation, continue to execute the business plan and improve its performance. “As is in the public domain, Altice Portugal was one of the companies searched by the Portuguese authorities […]

Businessman Hernâni Vaz Antunes has already surrendered to authorities

Businessman Hernâni Vaz Antunes, a suspect in the case linked to Altice co-founder Armando Pereira, surrendered to the authorities in Porto today, two days after the start of the operation by the Public Prosecutor’s Office (MP) and the Tax Agency (AT). The information came from CNN Portugal and was confirmed to Lusa by a source […]