Tuesday, May 19, 2015

Outraged the GES faced with brake ECB to … – RTP

According to the edition of Tuesday’s Economic Daily , the ECB sent a e to Banco de Portugal
 March 23, due to news about an imminent solution to the
 problem of the 2,500 injured.

The solution provided that the customers concerned would receive between 30 and 40 percent of amounts invested in commercial paper GES companies. A formula that had the opposition of the Portuguese Securities Market Commission and was never brought to the banking supervisor of the board.

The “short dry text,” says the Economic says that “Frankfurt will have the final word in this controversial file and considers that the rules of banking resolution must be observed. In particular those that prevent the New Bank, as a transitional institution, financially compensate the holders of shares and subordinated debt of the former BES as well as investors who bought debt companies of the former GES “. Association of Indignados knew

 Ricardo Ângelo, the Association of Indignados the GES, was not surprised by the news. When online
 RTP said he already knew, but did not specify the date, holding that
 He could not reveal it because of a “confidentiality agreement with the bop and
 entities with whom together. ”
 

Interview with Ricardo Ângelo – Association of the Indignados GES

“What the ECB wants is that there a solution of which they are part and that there is a legal regarding the issue. But, logically, the ECB can not look only to the legal respect that is on their side, there is also the legal compliance regarding falsification of accounts and the creation of expectations. We believe it is possible to create a solution, call it what you will, to settle this issue in a legally acceptable way, “advocated.

To add: “We hope there is a solution because people no longer support over this impasse. We are endangering people’s health “

Ricardo Angelo says the speech of the Governor of the Bank of Portugal changed after the e sent by the ECB:.” What we feel It is that we are trapped. ”
“Trying to shake the water from the cloak”

 Already Luís Vieira, Defence Association of Bank Customers, told site RTP be apprehensive. “Not only is the principle caused by the ECB that is important, but the legal and moral principles which until now have been broken throughout this process.”
 

Interview with Luis Vieira, Defence Association of Bank Customers

“They are trying to shake off the water the cloak, passing messages ranging delaying the whole process, “concluded Luis Vieira.

The news comes as the prosecution had foreclose
 preventively goods and values ​​surveys the so-called universe
 Holy Spirit.
property seized and values ​​of Ricardo Espírito Santo

 The statement of the Attorney General’s Office says that the preventive arrest “is an asset guarantee measure aimed at preventing a possible dissipation of assets that jeopardize, if convicted, the payment of any amounts associated with the crime, including the injured for damages or loss to the State of the advantages gained by criminal activity. “

Among the seized property are real estate included in the assets of Rioforte and subsidiaries.
29 surveys

 The same note states that “run in terms DCIAP at this time, 29 surveys (includes processes and key attached) related to the so-called Holy Spirit universe.”

Some of the surveys were launched at the initiative of the Public Ministry and others arise from holdings of the Bank of Portugal and the CMVM, “bank communications in compliance with the law on the prevention and suppression of money laundering and even complaints the injured. ”

It is recalled that on 24 March, a day after receiving the e ECB, Carlos Costa said in his last hearing in the Parliamentary Commission of Inquiry to BES case never “stole anything to anyone.”
 

The governor of the Bank of Portugal as well defended himself from accusations of victims of commercial GES paper, saying that would be illegal until the New Bank take the loss of these customers.

Carlos Costa stressed at the time that “reimbursement debt of GES is the sole responsibility of the respective issuers “

tags: Bank of Portugal, Carlos Costa, GES, Novo Banco, BES injured, ECB

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