Two construction companies, Always Special and Lena, owned by Grupo Nov, are suing Caixa Geral de Depósitos (CGD) for €258 million. The common lawsuit was filed on Monday, at a Lisbon court with [...]
Novo Banco has hit back at allegations by the daily newspaper Público that it has sold off its insurance arm in a less than transparent if not profitable operation. The bank, led by António [...]
The CEO of EDP, António Mexia and CEO of EDP Renováveis, Manso Neto have paid up the €2 million in bail required by super Judge Carlos Alexandre to keep them out of jail. The two top brass at [...]
The Portuguese Supreme Administrative Court has thrown out an injunction aimed at stopping former Finance minister Mário Centeno from taking up the governorship of the Bank of Portugal. It means [...]
The Portuguese State has managed to recover €180 million from Operation Hurricane, one of the longest fraud cases in Portugal’s history. The investigation, dedicated to tax and financial fraud, [...]
