Altice co-founder Pereira detained in corruption investigation, Reuters says

Armando Pereira, a co-founder of telecom conglomerate Altice, is being held by authorities in Portugal “as part of an investigation into alleged corruption, tax fraud and money laundering,” reports Reuters.”Altice Portugal, which did not immediately reply to a request for comment, is the country’s largest telecoms company and is part of the Dutch-based telecoms and cable group Altice,” noted Reuters.