Wednesday, September 10, 2014

Bank of Portugal denies intervention Steps to replace … – Economic

Bank of Portugal denies intervention Steps to replace … – Economic

Alberto Teixeira

alberto.teixeira@economico.pt



Institution led by Carlos Costa denies Prime Minister has given directions to Ricardo Salgado leave the GES.

“Given the news published today The Bank of Portugal denies that, in contacts with the Prime Minister, has been any kind of information or considerations about the composition of the governing bodies of the Espírito Santo Group, “the entity said today in a short clarification sent to the editors.

The State newspaper reported today that Pedro Passos Coelho has directed the Bank of Portugal, also in 2013, to abandon Salgado executive leadership BES .

However, official source of cabinet Passos Coelho also denied this in a statement released this morning.

“The Office of the Prime Minister categorically denies that the Head of Government has given any indication or direction, directly through the Bank of Portugal or otherwise, about the composition of the team leader of the Espírito Santo Group, “said the Prime Minister.

according to the Public, in late 2013 , Passos Coelho will get made to the Board of GES the message that it would be desirable Salgado left the leadership of BES , after warnings from the governor Carlos Costa in various encounters with the first -Minister.

Meetings between Carlos Costa and the head of government, writes Público, have started late last year with the supervisor to report the financial Passos Coelho deteriorating ‘holdings’ of control of the Espirito Santo Group (GES).

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