Portugal: Portugal’s EDP utility named suspect in widening corruption probe

Prosecutors have named Portugal’s largest utility EDP a formal suspect in a corruption investigation that caused the suspension of its CEO last week, the company said on Monday.

An EDP spokesman told Reuters the firm had received a notification from the state prosecutor’s office. The development came a week after a judge ordered chief executive Antonio Mexia suspended over malpractice allegations dating from 2007.

The prosecutor’s office referred queries to documents from its criminal investigation unit, but the papers were not immediately available.

The original full article can be found at reuters.com.

(Picture: REUTERS/Pedro Nunes)

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