“With regard to the audit findings on potential disobedience in the sale of commercial paper, live well with this suspicion,” said Ricardo Salgado criticizing the audit of the Bank of Portugal. “There was no misappropriation of funds,” he said.
“To protect customers, the credits were made with the Montepio and the BCP. But the loans were repaid,” said the former president of BES, defending that “ring-fencing [separation of assets], imposed by the Bank of Portugal, BES hurt rather than protect it.”
“Finally, the findings are potential disobedience that are unproved. In February was confronted with a draft decision in which the regulator assumes that I am responsible only because it was database administrator. In view of this and of a pre-sentence, I was obliged to proceed with a suspected incident for lack of exemption against the governor of Bank of Portugal. I wait for response from the regulator, “said the head.
Read more at 
No comments:
Post a Comment