France Telecom CEO Stephane Richard Detained By French Police In Ongoing ‘Tapie Affair’ Investigation -
http://www.ibtimes.com/f...e-affair-investigation#
Quote:French police detained Stephane Richard, CEO of France Telecom SA (NYSE:FTE), on Monday in Paris over the ongoing investigation centered on businessman Bernard Tapie, according to numerous media reports. Richard could be released within 48 hours of his arrest if no charges are filed.
Quoting FT
Quote:Last week, Arnaud Montebourg, the industry minister, was reported as suggesting that Mr Richard should step aside at the head of France Telecom, which is 27 per cent state-owned, if the court placed him under formal examination after questioning.
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