Former Altis CEO can get out of house arrest on €10 million bail'.

million euros.

Although an indictment has not yet been filed because the investigation is incomplete, the State Oversight brings 11 charges against Armando Pereira, including six acts of active corruption in the private sector, one act of passive corruption in the private sector and four of money laundering. Meanwhile, Braga businessman Hernani Vaz Antunes, who remains under house arrest, is attributed 21 offenses, including eight qualified tax frauds, six acts of money laundering and seven acts of active corruption in the private sector.

Last summer, the businessman was questioned for three days by Preliminary Investigation Judge Carlos Alexander, where he admitted most of the facts,' He also disclosed the names of several recipients of illegal payments he made to gain markets and contracts.