Vogue – Businessman Armando Pereira was arrested by Portuguese justice on charges of corruption and money laundering

Several media outlets reported that Portuguese justice arrested businessman Armando Pereira as part of an investigation on charges of corruption, fraud and money laundering. Armando Pereira was in the regiment. He created his own communications installation company, Sogetrel, based in Thaon-les-Vosges.

A search was conducted at the headquarters of the Altice communications group in Lisbon, as well as at the home of Armando Pereira, in Vieira do Minho, northern Portugal, according to CNN Portuguese. In 1985, when he was 33 years old, he created his own telecommunications installation company, Sogetrel, based in Thaon-les-Vosges, which became one of France Telecom’s main subcontractors. According to Portuguese news channel CNN, Armando Pereira, co-founder of Altice, was one of the suspects involved in this case related to the sale of real estate owned by Portugal Telecom, which was bought by Altice.