Sunday, April 18, 2021

Coins heard Salgado (but refuses to do anything)

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Mário Cruz / Lusa

Former governor and current candidate for the Lisbon Chamber Carlos Moedas admitted to the parliamentary commission of inquiry into the losses of Novo Banco attributed to the Resolution Fund that received Ricardo Salgado in May 2014 to hear concerns about the financial situation of the Espírito Santo Group ( GES).

Carlos Moedas, a former European commissioner and current PSD candidate for the Lisbon City Council, is being heard this Tuesday at the parliamentary commission of inquiry into the losses of Novo Banco attributed to the Resolution Fund.

According to the Observer, Carlos Moedas admitted that he received Ricardo Salgado in May 2014 for listen to concerns about the financial situation Grupo Espírito Santo (GES) because it was their job to listen to private companies.

However, the former assistant secretary of state for Passos Coelho rejected the idea that he should have done something, since it was not his role in the government.

“My responsibility in the Government was to close with the troika the adjustment program, ”said Moedas, recalling that he was dealing with structural reforms in the various areas of the economy. “I was not in a position to be able to transmit or make a decision” about the GES / BES case.

The PSD candidate also said that Salgado informed him that I was contacting other members of the Government, including with the Prime Minister.

“In addition to being in the middle of closing hundreds of measures of the troika”, Salgado “knew that I had no power and I knew that he was talking to other members of the Government”, said Moedas, justifying why he did not convey the concerns the Prime Minister or the Minister of Finance. “It was my job to listen to them, yes, it was not my job to do something in the government”.

Coins said it also has no record of the information in the memorandum it received and, according to which, GES would have a liability of 7.6 billion euros, but underlined that this problem would not be that of taxpayers, but of shareholders and creditors.

The ex-governor also considered the request made by telephone in June 2014 of Salgado strange to intervene with the president of Caixa Geral de Depósitos (CGD). “A bank president calls me to meet with the president of another bank? It was so strange ”.

Moedas said that he spoke to the then president of CGD to express his strangeness and concern, but refused any intervention scenario in favor of BES / GES in the Government of which it was a part.

“It would never be permissible for the then Prime Minister [Passos Coelho] make any kind of phone call to a bank to ask for a credit or influence a loan decision. It was outside the DNA of governance. It never crossed my mind ”, he assured.

On the written answers he gave in 2015 about his concern with BES / GES and the clean exit of the program from troika, Currencies devalued the connection, remembering that it was at stake for its knowledge of a group problem – and not from the bank.

Maria Campos Maria Campos, ZAP //

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