José Guilherme, the Amadora builder and close friend of the former president of the Espírito Santo Group, Ricardo Salgado, has died at the age of 85. Guilherme became famous or infamous for his [...]
Former TAP shareholder David Neeleman has insisted that he informed both the company that runs Portuguese public companies Parpública and the government about the renegotiation of an aircraft [...]
The Portuguese government has made it clear to any potential airline group interested in buying TAP that it will retain a Golden Share in the airline to “secure the strategic interests of the [...]
A former Portuguese finance minister told a public inquiry on Tuesday that Airbus funds received by former shareholder David Neeleman to capitalise TAP may have been illegal. João Leão told the [...]
A public inquiry into the Portuguese government’s management of public airline TAP over the past few years heard yesterday from a former minister of Infrastructure who was unable to explain how a [...]
The Banco Espírito Santo led by Ricardo Salgado was an outstanding example of cronyism. It supported many clients for personal and political reasons, rather than because their projects were [...]
The report from the parliamentary inquiry commission into mismanagement and reckless lending at BES and selling assets under value at Novo Banco has reached a damning verdict. Fernando Anastácio, [...]
A high profile parliamentary inquiry into mismanagement and losses at a private bank which has eaten up billions in public money is drawing to a close. The hearings conducted by the commission [...]
A former secretary of State for Finances has accused the former PSD government of having lied to the Portuguese over the winding up of Banco Espírito Santo and the creation of Novo Banco which [...]
Portugal’s parliamentary MPs involved in a public inquiry into how vast loans backed insufficient security were granted by a bank that collapsed in 2014 now want access to an unpublished report [...]