Drahi says ‘Operation Picoas was “a shock” and he feels “betrayed and deceived”

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Patrick Drahi, founder of the Altice group, said today that “it was a shock and a great disappointment” the investigation involving Altice Portugal and stressed that if “these allegations are true” he will feel “betrayed and deceived”.

These were the first statements by the largest shareholder of the Altice group, who spoke on a call with bondholders via online.

“That was a shock and a big disappointment for me,” Patrick Drahi began.

At the center of the investigation is Armando Pereira, who founded Altice with French-Israeli-Portuguese billionaire Patrick Drahi, and who was an advisor to the CEO and Executive Committee of Altice France.

“If these allegations are true, I feel betrayed and deceived by a small group of individuals, including one of our most senior colleagues,” he added.

Iris Lavan
Iris Lavan
With a background as a consultant in the medical industry, Iris Lavan brings a wealth of knowledge and expertise to Portugal Pulse. Iris also runs a company in Tel Aviv offering marketing, business development, content creation and public relations services. She holds a degree in economics and management, giving her a solid grounding in business strategy and financial planning. Iris' commitment to Portugal Pulse is reflected not only in her consulting career, but also in her impact on the Portugale media landscape in Israel. She was an interviewer for Hadshot Portugal חדשות פורטוגל, a media outlet that broadcasts news about Portugal in Hebrew, where she provided valuable information on current affairs, healthcare and the economy. Since July 2023, Iris has also been part of the Portugal Pulse team.

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