Altice HQ in Lisbon

Altice Portugal probe: authorities swoop on “most senior officials”

The most senior ALTICE officials in Portugal, according to CNN Portugal, are being targeted today by a major operation launched by the Tax Authority and DCIAP prosecutor Rosário Teixeira. At stake are suspected crimes of forgery, money laundering and qualified tax fraud. The investigation seeks evidence of alleged crimes in the way business was simulated and profits concealed in the sale of millionaire assets, including real estate, of the former PT – namely four properties in Lisbon, to the tune of around €15 million.