Opinion on the accounts of the Box 6 months stopped – Observer

The Ministry of Finance of the Government PSD-CDS it took six months to get the opinions of the Inspection General of Finance (IGF) on the accounts of the Caixa Geral de Depósitos. According to the newspaper Public, two opinions of the IGF on the quarterly reports of the audit committee of the bank for the year of 2014, have just been dispatched 15 days before the parliamentary elections of 2015. The order was signed by the secretary of State of Finance, Manuel Rodrigues.

According to the newspaper, these reports, which show the increase of the impairment losses in public bank, have been saved from march to September, presumably in the Ministry of Finance headed then by Maria Luís Albuquerque, who is responsible for the monitoring shareholder of the Box. The Public account that the opinions of the IGF have been sent to the parliamentary commission of inquiry to the Box, but in a version that is erased.

The reports of the audit committee of the CGD show an increase in impairments in 2014, which, incidentally, were already public knowledge. The accounts of this year’s Box, released in the February of 2015, indicated the recognition of costs impairment losses associated with the collapse of the bank and the Espírito Santo group and the review of the quality of assets.

the opinions of The IGF on the accounts of public companies are a regular routine, such as the order of the member of the Finance has that authority. In this case it is not known what was the orientation of the dispatch of the ex-State secretary of Finance.

An audit of the Court of Accounts had already alerted last week to the weaknesses in the control of the State, as shareholder of public bank during the period from 2013 to 2015, when you were in office almost always Passos Coelho and Maria Luís Albuquerque. And it questions the fact that the State does not have request an audit, in particular the IGF, before the increase of the impairment. However, this conclusion is based on the report of the audit committee as of the end of 2015, already from the time when the current Government, which reveals impairment of 1,500 million euros.

According to the Court, the reports of the audit committee of the Box to be delivered in 2015 were only recorded in the SIRIEF System (Collection of Economic and Financial Information) in 2o16.