A French prosecutor on Monday told judges Orange chief executive Stephane Richard should face three years in jail for his alleged involvement in a disputed compensation payment made two decades ago by the state to tycoon Bernard Tapie.

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The prosecutor said 18 months of the sentence should be suspended, and that Richard should be barred from working in the public service for five years.

Tapie is locked in a fight over the sale of his Adidas stake in 1993 to Credit Lyonnais, then government-owned, and compensation he won from the state 15 years later.

Richard, who was working at the time as chief of staff to then-finance minister Christine Lagarde, is accused of being complicit in the disputed state payment.

The prosecutor is seeking a five-year jail term for Tapie.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)