Sale of Sapo building by Altice investigated by public prosecutor’s office

Building in Lisbon was bought by Armando Pereira’s right-hand man, despite having made a lower offer. The building of the former headquarters of the Sapo portal, in the center of Lisbon, was sold, at the end of 2019, by MEO Serviços de Comunicações e Multimédia, of the Altice Group, to Smartdev (company based in the […]

Altice hires Vieira de Almeida and Uría and admits to suing Picoas case suspects

Altice may proceed with compensation claims against Armando Pereira, Hernâni Vaz Antunes and others who may be found guilty in the Picoas case. The group has hired VdA and Uría. Altice has hired law firms Vieira de Almeida and Uría Menendez-Proença de Carvalho in Portugal to defend itself in the Picoas case, admitting to filing […]

Carlos Alexandre’s reasons for the house arrest of the defendants in the Altice case

money

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

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 […]

The ‘luxurious’ house arrests of Armando Pereira and Hernâni Vaz Antunes

The main defendants of Operation Picoas will await trial under house arrest. So far, the GNR does not know how surveillance will be carried out on Armando Pereira and Hernâni Vaz Antunes. The largest mansion in the north of the country In the case of Armando Pereira, founder of Altice, house arrest will be served […]

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

Criminal hands locked in handcuffs.

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 […]