Two Top Officers of Intelsat Fired After Outside Audit
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WASHINGTON — Two top officers of Intelsat, the 112-member communications satellite consortium, were fired Thursday, two weeks after outside auditors found $1.35 million in questionable transactions.
Company spokesman Robert D. Leahy said the board of governors voted unanimously at a late-night executive session to fire Richard R. Colino, the director general, and Jose L. Alegrett, his assistant for business affairs.
Both men submitted letters of resignation Wednesday, but the board decided to reject them, Leahy said.
“Mr. Colino and Mr. Alegrett have been removed from office by the board of governors immediately, for cause,” Leahy said. He refused to elaborate.
Colino and Alegrett were put on forced leave on Nov. 24, a few days after the outside auditing firm of Peat Marwick Mitchell & Co. discovered the financial problem during a routine audit of the company’s records, company officials said.
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