Tuesday, May 17, 2016

Former ministers of the PS go to the Santander Totta – Correio da Manhã

                       Photo Ricardo Castle

Campos e Cunha was Minister of Finance

05/17/2016 09:34

Former ministers PS go to the Santander Totta

Campos e Cunha and Mr Vitorino will be administrators.

             By Diana Ramos

At a time when the inquiry committee also evaluates the decision of the Government of António Costa to sell Banif Santander Totta, the Spanish bank chose two former socialist ministers for the new management team: Antonio Vitorino and Campos e Cunha. The strange parliamentary right choices of the former rulers. The PCP opts for silence.

have been many questions raised by Members of the PSD and CDS on an email from the president of the ECB’s supervisory board, Danièle Nouy, ​​the Bank of Portugal realizing that, after consultation with Vítor Constâncio and the minister Mário Centeno, would intercede in favor of the proposal of Santander Totta for the purchase of Banif. The bank ended up in the hands of the Spaniards for 150 million euros in December 2015, after Banif have been cleaned of troubled assets and recapitalized with 2255 million. In the first quarter of this year, Banif has earned three million profits Santander Totta.

Now, two former ministers of the Socialist Party, Antonio Vitorino and Campos e Cunha, will integrate administration Totta as non-executive managers. Vitorino was also European Commissioner.

           Follow the CM on Facebook.
         


         Send the article: PS Ex-ministers go to the Santander Totta

Comments