Orange chief Richard detained in Tapie payout case

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The Independent Online

The French mobile giant Orange was rocked yesterday after its chief executive, Stéphane Richard, was held for questioning by judicial authorities over his past role as a senior adviser in the government of the former president Nicolas Sarkozy.

Mr Richard faces questions about a decision to award the businessman Bernard Tapie €285m (£242m) in a legal settlement in 2008. Mr Richard has denied any wrongdoing.