The Chairman of the BIS Board, Artur Santos Silva said on Tuesday that the European Central Bank (ECB) is “aware of everything” what is happening in the bank and admitted that the impasse that exists the institution is “not to the liking of the supervisors.”
“for sure it’s not a matter of liking supervisors this matter not be resolved,” said Artur Santos Silva, while ensuring that “the operation of the bank is running normally. “
the founder of BPI speaking at a press conference at the end of the General Meeting of shareholders, less than an hour after it started, was suspended for the second time, this time to day 21, as proposed by the principal shareholder, the Spanish CaixaBank, approved by 91.05% of the vote.
the great meeting took off about 10:00 Serralves in Porto, and ended even before 11 : 00, and would continue the previous meeting of 22 July, which had been suspended for 45 days after being known that the court accepted the injunction shareholder Violas Ferreira Financial in order to not be voting on the proposal of change statutes presented by the Board of bank Management.
the suspension of the general meeting for only 15 days was justified by Santos Silva with the fact that, by the BPI statutes not need the shareholders to make a new register when the meeting is suspended for a period up to 20 days.
However, because there is no deadline for the court to decide on the protective measures, he admitted on 21 not there conditions for shareholders make a decision.
“my aspiration is that the issues that are impossible to be appreciated the proposal of the Board of disappear Administration, but it is an aspiration,” he said.
at today’s meeting, shareholders were asked to discuss the issue of deshielded statutes of the bank, the rule that makes each shareholder can not vote more than 20% even if, as is the case of CaixaBank, hold a shareholder position higher.
because of this limitation of the vote, CaixaBank, despite having about 45% of BPI, has virtually the same power of ‘holding’ Santoro, the Angolan Isabel dos Santos, which has about 19% of the bank.
the question of deshielded became a fraturante subject in BPI due to the ‘war’ that opposes the main shareholder, the Spanish CaixaBank and the Angolan Santoro, who did not understand either the reduction the bank’s exposure to Angola, required by the ECB or a strategy for the Portuguese bank.
the end of the limitation of voting rights was still imposed by the Spanish bank as a condition to proceed with the purchase of the bank, following the tender offer (OPA) announced earlier this year and currently in progress.
the suspension of the general meeting today was justified by the fact not be court decision on interim measures presented by the shareholder Violas Ferreira Financial (Violas Group).
One of the interim measures filed last July 22 intended to be unappreciated and voted on the amendment of the statutes presented by the Board of Directors for the deshielded the statutes and was accepted by the judge because the minutes of the design disclosed in the discussions the day of the General Assembly was not approved.
the other injunction meant the election of the suspension of the new Board of the General Assembly BPI, chaired by lawyer Carlos Osório de Castro, and who was elected with the favorable vote of 99.96% of the votes cast in the major meeting of shareholders held on July 22.
Because of this injunction, Artur Santos Silva said that “as a matter of prudence and wisdom”, the meeting today was led by Supervisory Board chairman, Abel dos Reis.
Asked by Lusa agency on the basis of this injunction, Artur Santos Silva said only that the shareholder Violas claims “that the table [the General Assembly] should not have been elected by the nature of the people who were elected”, which has already received the formal response of BPI.
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