Hollande says state backs France Telecom CEO for now

PARIS, June 16 Sun Jun 16, 2013 5:12pm EDT

PARIS, June 16 (Reuters) - France Telecom chief executive Stephane Richard has state backing to stay in his post as long as an inquiry into fraud allegations does not affect his work, President Francois Hollande said on Sunday.

"He can stay as long as the judicial procedure allows him to remain at the helm of the company," Hollande said in an interview on M6 television.

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