The ex-president of the CGD, António Domingues, belies the Ministry of Finance and ensures that was available to keep the functions in a public bank until the entry of the new management led by Paulo Macedo. A thesis that contradicts the Government, which alleges that Domingues "declined the request made" to continue in the Box "for a few more days". The second showed the AUDIENCE, the manager said this in writing to Mário Centeno on Monday, displeased with the public positions of the Government.
When Mário Centeno turned on the tony wright to ask him if he was available to stay in the CGD until the European Central Bank (ECB) to give the green light for the future administration to assume functions, the manager replied in the affirmative. Is that Domingues ensures you have done this, but asking before the minister of Finance were asked to evaluate along your legal services a solution that is legally acceptable in order to keep their job on a personal basis (without extension of the mandate) even for just a few days. The waiver of Domingues to the presidency of the GBD occurred on the 27th November, with effect to the last day of the following month, December 31. The decision was irrevocable, so that the timing would have to be respected.
New rules for managers of CGD are now in effect
that Is why, within the group of the state, the expectation was that the guardianship recourse to article 34 of the statute of the Box (which allows derogation of the operative provisions of the Code of Commercial Companies) to take Domingues to keep in the office for a few more days. But it was not this that happened. Asked about the theme of the Ministry of Finance informed that it would not respond.
In the wake of the phone call of December 29, the minister of Finance will have told Domingues that, on the following day, the 30th of December, the legal services of the ministry would speak with Francisco Sá Carneiro, his lawyer, to find a solution. The concern Domingues was to have guaranteed a via that acautelasse any future liabilities for delays related to the recapitalisation of the Box, whose first phase the Government wants to start this Wednesday. But here, too, the Government has another explanation: that the manager wanted to get free from the norm of the Budget, which requires managers to deliver without the pre-conditions of their declarations of assets.
the Reporting by the PUBLIC about what happened, António Domingues said that "not only refused the request" of Rye as "until they showed available" to stay. But it required such a legal clarification that was not given. The manager confirmed that the conversation with Centeno took place on the 29th of December, after already having eaten dinner, and that was preceded by a message from the minister for sms. All this in two days only the end of his term in the Box, a period marked by great turbulence.
the output of The manager of the bank also was not free of noise. They had not yet elapsed 24 hours from the phone call from Centeno and already official source of the Ministry of Finance was the reveal that would make the transition. The statement would be revised hours later, with the same source argued that Domingues after all refused to stay at the institution, the thesis, that this denies.
The Finance keep, however, your version. And this Monday issued a note: "António Domingues declined the request made to keep in the office for a few more days". A position that was later contested by the manager, by written, in a firm tone, along with Rye.
The Government stresses that "the transition period will be fully provided by the members of the current administration that will retain their mandates". That is, by Tudela Martins, Ravara Marques and Pedro Leitão. All three are executives of the team Domingues in the Box. Unlike the last two names, which do not come with Macedo, the ECB "imposed" continuity of Tudela Martins, who will be with the department of risk (the portfolio that was already in BPI, prior to joining CGD, which has led him to negotiate with the ECB).
The entry of Paulo Macedo in the Box, a name of the sphere of the PSD, should occur in the coming days and is expected to put an end to the political fight that has raged around the management of Domingues. But until this Wednesday, four of January, the new administration does not take possession of the first phase of recapitalisation of the Box will start up with a management "provisional". The State will convert to the capital of 960 million euros of CoCos (including 60 million euros of interest is missing)) and inject in the balance sheet over 500 million. In total, there are 1460 million euros of public funds. And still no if you understand the reason the ECB and do not close the assessments to the new administration, contributing to the power vacuum in the management of the largest Portuguese bank.
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