Mourinho Felix says Maria Luis words Totta led to court – Jornal de Negócios – Portugal

Ricardo Mourinho Félix believes it was a press conference given by Maria Luís Albuquerque in 2013, which led to the process posed by Santander Totta in London against public companies that had hired “swaps”. This is because there was a court case prepared by the Government to the courts that was “overtaken” by a set by the bank in the English justice.

Going back to September 2012, public transport companies facing potential losses of 3000 million in contracts “swap” complex. Treasury and Finance State Secretary of Maria Luís Albuquerque, began to negotiate with the banks to cancel some of the toxic contracts. Three banks – Santander Totta, Deutsche Bank and JP Morgan – started to decline, although only the seat of the Spanish capital has not followed for an agreement

The government is preparing a civil case in which the “State. litigaria claiming that the contracts were void. ” In April 2013, already had a discussion with the Public Ministry in this direction, with the process being prepared.

“However, on April 26, Mrs. Secretary of State made a statement to the press in that says, ‘If we do not reach agreement, we are considering placing shares the Portuguese courts “reported to Members of the Budget committee, Finance and Administrative Modernization the current Secretary of State for Treasury and Finance, this Wednesday, April 20 . On that day April 26, 2013, Maria Luís Albuquerque said he could move to the “courts” with the banks that had not reached an agreement to cancel the “swaps”.

The report and 2014 accounts the bank explains that advanced to court following a “public projection movement” in Portugal against the “swaps”. “Convinced of the total regular and binding force of contracts with public sector enterprises, the Bank took the initiative to apply for a judicial declaration of its validity, considering it his duty to contribute in an appropriate way for the elimination of all any doubt about its validity and binding force, “the document said.

” Santander decides and does what seems obvious. it’s a process that has five pages and delivery in London, spent a week “continued Mourinho Felix. “Removes the possibility of this process that was being prepared to be delivered in Portugal,” he said. “The idea that gives is that the process is very fast and, before the Government or the State, surrender proceedings in the Portuguese courts, the bank, more precisely Santander, decides to enter the English courts.”

the process entered the London justice in 2016, declared the validity of contracts sold to Carris, the Lisbon Metro, Metro do Porto and STCP. The Government will deliver an appeal on 28 April, waiting for a final decision by the end of the year.