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“During the process, the charges have shifted from fraud to complicity in fraud and then to my full acquittal, and now today to the denial of complicity in fraud, but a verdict of a new charge of complicity in misuse of public funds… This is completely incomprehensible and deeply unfair. No new elements have emerged in this appeal process and I remind you that I was completely acquitted at first instance by the Court of Justice. I absolutely reject them and will now appeal to the French Supreme Court (Cour de cassation). ‘The allegations of complicity in the misuse of public funds are without any basis and have no basis in reality. When the judgment of the Court of Appeal was published, Richard issued the following statement. Of greater importance than the verdict is Richard’s consequent criminal status, which has proved incompatible with his role in operating a telecommunications company which is still partly owned by the French State. The recent verdict found Richard guilty of complicity in misuse of public funds and gave him a year of conditional imprisonment. This did not prevent her from becoming President of the European Central Bank. Despite her apparent attempt to throw Richard under the bus, Lagarde was eventually found guilty of negligence. The case in question concerned a payment from the French state to businessman Bernard Tapie in 2008, overseen by then-Finance Minister Christine Lagarde, so who Richard was chief of staff.
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Stéphane Richard (pictured), who has been chairman and chief executive of the French operator group Orange for nearly a decade, has been forced to throw in the towel in a recent court ruling.Ī French appeals court partially overturned a 2019 ruling that acquitted Richard of any misdemeanor when he was part of the French government.