Box without a leader and without a quorum in a month decisive – Observer

The now ex-chairman of Caixa Geral de Depósitos, António Domingues, refused to stay in the position "for a few more days", contrary to what official source of the Ministry of Finance had told the Journal of Business, a publication that on Friday had reported that Domingues had accepted to stay for some more time, until the European Central Bank (ECB) to approve the name of Paulo Macedo to lead the Box.

In a note circulated this morning by the papers, after the even Business Journal have said that, after all, Domingues was not going to stay, the Ministry of Finance "confirms that António Domingues declined the request made to keep in the office for a few more days". The SIC News advance, without specifying the source of the news, that the refusal is related to the need to deliver to the Constitutional Court a new statement of income, updated, and on 2017, in the case assumed the post after 31 December 2016.

The Observer contacted the subject in the news, António Domingues, but this does not mean to make comments. The leader of the Box, who resigned on November 25, advocated in the letter of refusal that it was not possible to ensure the legal conditions to accept the extension of the mandate by one month compared to the end of December – the date that would end roles."

it is Believed that the green light of the ECB for the official nomination of Paulo Macedo will not come before 10 January, but the Ministry of Finance ensures that "the transition period will be fully insured by the members of the current Administration who maintain their respective mandates, with the expectation that the new team will take possession in the next few days".

The current management will be ensured by four administrators Domingues who will continue in office, but there shall be no quorum for making decisions in a month that, on top of that, it is not a month any: the process of recapitalisation of the public bank should begin this week, this day, January 4, according to reports by the Express on Friday.

on The 19th of December, the European Central Bank (ECB) had already in his possession to the new names, but the holidays of Christmas and New Year have delayed the final decision. The four administrators that maintain are Rui Vilar, John Tudela Martins, James Ravara Marques and Pedro Leitão. The Ministry of Finance ensures that these four directors are fully able to ensure a normal transition.