Altice suspends some employees amid Portuguese corruption probe

LISBON: Altice International has suspended several managers, workers and legal representatives in Portugal and elsewhere while an investigation into alleged corruption, tax fraud and money laundering at its Portuguese subsidiary is conducted, it said on Wednesday.

Altice International’s Co-Chief Executive Alexandre Fonseca, who is also chairman of the Portuguese and US subsidiaries, had already suspended himself from all roles on Monday, following the group’s co-founder Armando Pereira’s detention last week.