Justice

That Portugal’s tax system is overly bureaucratic, stratified, burdensome and downright complicated is bemoaned by overseas investors and Portuguese businesses alike. Nevertheless, despite [...]

The former president of the KPMG auditing company, Sikander Sattar, took the stand on Tuesday in the BES/GES case accusing the banking group’s former accountant Francisco Machado da Cruz [...]

Authorities should have stepped in quicker over GES problems says banker – and refuses to discuss €100 million loan to ESI The Chairman of bank BPI, Fernando Ulrich, called the loss of [...]

A judge has ordered the original e-mails used in an investigation that could have sustained a possible Public Ministry accusation against a former CEOs of Portugal’s electricity and renewables [...]

Former GES boss Ricardo Salgado was a “compulsive liar” and tried to bribe lawyer Marcelo Rebelo de Sousa (Now Portugal’s President) with legal work, a Lisbon court has heard. The former and now [...]

José Maria Ricciardi, Ricardo Salgado’s cousin and former president of Banco Espírito Santo Investment (BESI), told judges at a Lisbon court yesterday that by December 2013 BESI was [...]

One of the biggest and most media sensational trials of the past 10 years in Portugal into the collapse of the Banco Espírito Santo banking empire opened in Lisbon yesterday. The most infamous of [...]

The children of the second most important director at the failed bank Banco Espírito Santo which collapsed in 2014, are trying unblock funds belonging to their father, Amílcar Morais Pires who [...]

The European Court of Justice has agreed with the Court of Competition that information exchanges between banks in Portugal, however isolated, amount to the behaviour of running a cartel, thereby [...]

Portugal’s Central Criminal Investigation Court (TCIC) has decided to bring to trial four defendants in a corruption case associated with the failed bank Espírito Santo and its associated [...]