Speaking at the Business Forum Algarve, the former manager of CGD, António Nogueira Leite has argued that lack liquidity to companies and that this could already have been resolved. The Renaissance is that for the former manager of the public bank, Vítor Gaspar will have left 1,500 million that would be used to this, writes.
António Nogueira Leite was administrator of Caixa Geral de deposits. For the manager, during Vítor Gaspar governance of the Ministry of Finance, lacked money to businesses, and the principal is the former minister, who accuses him of having left 1,500 million euros “in the drawer”.
The statements of the former representative of CGD was made a speech during the Business Forum Algarve in Vilamoura, where Nogueira Leite defended, according to Renaissance, which lack capital to Portuguese companies own, arguing that it would have been good that public institutions had managed to facilitate the access of “companies in a competitive environment, finance.”
“CGD in 2012 released 1,500 million ‘cash’ to fund a investment fund that would allow to provide liquid funds a set of financial institutions that already existed in Portugal and could triage where to invest or not. What happened is that was in the drawer of Dr. Gaspar, who however was for the Fund [IMF], “said Nogueira Leite.
About one already spoken Banco de Fomento, defended the former administrator of the Box which have been presented as a reason for not Box facilitate more credit to businesses. “They were going to capitalize on this fantastic thing is Banco de Fomento that will soon be arriving companies money. Will surely be a fantastic institution, as all public institutions in Portugal are, “he said in ironic tone.
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