Europe 1 with AFP 9:59 am, November 24, 2021

Orange CEO Stéphane Richard was sentenced Wednesday by the Paris Court of Appeal to one year suspended imprisonment and a 50,000 euro fine in the controversial 2008 arbitration case between Bernard Tapie and Credit Lyonnais.

He was found guilty of aiding and abetting public property.

Orange CEO Stéphane Richard was sentenced Wednesday by the Paris Court of Appeal to one year suspended imprisonment and a 50,000 euro fine in the controversial 2008 arbitration case between Bernard Tapie and Credit Lyonnais.

After a general acquittal at first instance in July 2019, the one who was at the time chief of staff to the Minister of the Economy Christine Lagarde was found guilty of complicity in the misappropriation of public property.

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- Bernard Tapie and justice: 20 years of proceedings against Crédit Lyonnais

The former magistrate Pierre Estoup and the historical lawyer of Bernard Tapie Maurice Lantourne were sentenced for fraud, respectively to three years of firm imprisonment and a fine of 300,000 euros, and to three years in prison including one firm, 300,000 d fine and a ban on practice for five years.

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