ESCOM the evaluation was “a little salty” and “hard to … – RTP

ESCOM the evaluation was "a little salty" and "hard to … – RTP

 “These types of administration of ESCOM never had a say in the evaluation of ESCOM. We were never called to pronounce ourselves whether or not we were according to the evaluation, it was defensible or not,” said Luis Horta e Costa.
 

 The administrator of ESCOM, which is responding from about 16:15 to the questions raised by the Member of the CDS-PP Cecilia Meirelles in the parliamentary commission of inquiry to managing BES and Espírito Santo Group (GES), said that was Rioforte which commissioned the evaluation of the company BES Investimento.
 

 Stressing that the initial model of sale of ESCOM provided that the administration remained in the three years after the sale, Luis Horta e Costa said that “as administrator had the greatest difficulties in defending numbers” for which had not contributed.
 

 “I’m not here to shake the water from the coat just did not think [the value for the sale] was ideal, given the difficulties that the GES crossed -. Even the increase in BES capital in 2011. We thought for awards control over the assessment was difficult to sustain, was stretching the string “he said.
 

 “There’s nothing sarcastic, but thought it was a bit salty,” said Luis Horta e Costa.
 

 The sale of ESCOM, GES company that managed the non-financial assets in Angola, was reported several times to be ongoing, Sonangol is the entity that would make the acquisition through Newbrook company.
 

 This sale, and second said in parliament at the end of paasado year, Sobrinho, former President of BES Angola (BESA), said that a sign of $ 85 million on the sale agreement ESCOM came to the Holy Spirit Resources.
 

 According to him today Luis Horta e Costa, “to its knowledge” and admitting that “there has been change of control within the GES”, the Holy Spirit Resources is a shareholder of ESCOM.
 

 Asked by Mrs centrist on would have been received over a payment in excess of signal, the administrator of ESCOM said “never seen” and that “never passed through the hands.”
 

 The ESCOM group was founded in 1993 by GES and Helder Battaglia. Today the group’s activity focuses mainly in Angola, particularly in the housing and diamond mining.
 

 ESCOM was a consultant to the German Submarine Consortium, to which the Portuguese State awarded in 2004, the competition for two submersible vessels, the first would be delivered in 2010, with costs in excess of 800 million euros, but with planned counterparts at least 100%.
 

tags: BES, ESCOM, GES Spirit, Newbrook this,