Armando Pereira no longer holds shares in Altice

Patrick Drahi, founder of the Altice group, said today that Armando Pereira, involved in Operation Picoas, no longer holds shares in the company, but has an economic interest of 20% of the position of the Franco-Israeli-Portuguese multimillionaire. During the call with bondholders online, Patrick Drahi took the opportunity to explain the current organizational structure and […]
Drahi says ‘Operation Picoas was “a shock” and he feels “betrayed and deceived”

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 […]
French multimillionaire Drahi’s interactions with investors come as allegations of corruption continue to pile up.
This week, the French-Israeli billionaire Patrick Drahi will make a rare appearance in front of investors. This comes at a time when his international company, Altice, is in the midst of a corruption investigation.Drahi, whose empire extends to telecommunications and media in Europe, Israel, and North America, should try to allay the concerns of investors […]
Carlos Alexandre’s reasons for the house arrest of the defendants in the Altice case
Judge Carlos Alexandre stresses that Armando Pereira placed Hernâni Antunes “at the heart of Altice’s business on multiple occasions, as Hernâni himself acknowledges”. If Armando Pereira, co-founder of Altice and his right-hand man, Hernâni Antunes, were to remain free, it would make it more difficult to obtain evidence and its veracity as well as the […]
Hernâni Vaz Antunes confesses payments to Alexandre Fonseca
Former Altice CEO reportedly received €490k between 2017 and 2018 through companies in the UAE and against fake invoices. Heard by investigating judge Carlos Alexandre over the past three days, businessman Hernâni Vaz Antunes has identified several beneficiaries of undue payments made to win markets and contracts. The news, advanced by Público this Thursday, states that […]
MP asks for preventive custody for Hernani Vaz Antunes and bail of 10 million for Armando Pereira
The Public Prosecutor’s Office (MP) requested preventive detention for the defendant Hernâni Vaz Antunes, considered the “right-hand man” of Altice co-founder Armando Pereira, revealed to Lusa a source linked to the process. According to the same source, in relation to Altice co-founder Armando Pereira, the MP asked the investigating judge Carlos Alexandre to apply house […]
MP requests pre-trial detention for Armando Pereira and Hernâni Vaz Antunes
Preventive detention is what the MP proposes for Armando Pereira, co-founder of Altice, and his friend and businessman Hernâni Vaz Antunes, the two main suspects of having practiced a monumental scam to the French telecommunications multinational. Rosário Teixeira argues in her plea that there is strong evidence of passive and active corruption in the private […]
Operation Picoas: Hernâni Vaz Antunes returns to Campus de Justiça to close interrogations
The coercive measures of the four detainees should be known this week, after several days in custody and under interrogation. The investigation into the deals involving Altice concluded that the state was harmed by more than €100 million. Hernâni Vaz Antunes returns this Monday to the Campus of Justice to be heard by Judge Carlos […]
Armando Pereira didn’t want family exposure, but daughter turned out to be one of the “queens of dance” in the US and bought floor for 70 million
Married to Gaëlle Pereira, Yossi Benchetrit has worked in several geographies of Altice. He has now been suspended. Who is the couple who bought an apartment in New York for 70 million? On New York’s so-called billionaires’ row, a skyscraper that is taller than One World Trade Center and the Empire State Building (if you […]
Operation Picoas: coercive measures to be known next week
The interrogation of Armando Pereira, co-founder of Altice and defendant in the Picoas case, has ended. Hernâni Vaz Antunes began to be heard this afternoon. During the afternoon of Thursday, Hernâni Vaz Antunes began to be heard, who is said to have secured billing contracts of 660 million euros with Altice, through several companies. The […]