Saturday, August 1, 2015

BES move injured Emigrants calls for New proposal to refuse Bank – Daily News – Lisbon

The Movement of injured Emigrants (MEL) today called on that endorsed commercial products BES and want to recover the savings that refuse the proposal of the New Bank, which they consider to be “unacceptable” and “shameful”.

“We then all injured migrants not to sign contracts while the New Bank does not propose a new meeting,” reads the statement from MEL, which comes at a time when it was made public that two thousand emigrants, the seven thousand who demanded the return of their savings, have already accepted the agreement made by the New Bank.

For the MEL, the presented solution “to the holders of the preferred shares emigrants clients Savings Plus, Euro Savings, Income and Top EG Premium is unacceptable. “

This is because, according to the motion, the New Bank proposes that only two years from now there is a part of the liquidity and presents different products of the promised when customers have invested in EURO SAVINGS 10 and EG PREMIUM.

Those products were sold to customers as “guaranteed capital and interest products” and are now presented as an alternative, “products that are, by definition, risky.”

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