Wednesday, June 3, 2015

Public interest warrants a second time sale of TAP – Mad Money

Ministers meet today to approve resolution. New injunction trying to catch the sales process

The Government returns to ensure continuity of privatization of TAP to a day of submission of tenders. After the May 14 have caught an injunction, which was attempting against the specification, today the Executive meets in the Council of Ministers to approve a new resolution to support the public interest in airline sales.

At stake is a new protective order placed by the Movement of Non TAP Eyes that alleges illegalities in the decree-law which started with the process. The Group, led by António Pedro Vasconcelos says that the government ran the Framework Law of privatization, advancing with the hiring of Deloitte and PwC for financial advisors, without tendering procedure and that it is a “qualified illegality of addiction and severe constitutionality of addiction. “

The government, which wants to see the case closed until the end of the first half of June devalues ​​the new lock. “The public interest [privatization] is in plain sight,” he said yesterday Sérgio Monteiro, Secretary of State for Transport, remembering that it is not the first time that the privatization and concession processes carried out by the Government suffer legal scams – already happened with STCP and Metro de Lisboa, for example. The minister who has led the privatization processes confirmed, so what Passos Coelho had said moments before: “It’s not the first time that there are interim measures submitted by groups of citizens to the courts The process is not new.” advancing with the intention of invoking the public interest in privatization.

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