US asks: Did BES move money for Colonel Gadhafi?
As investigators probe the extent of Banco EspĂrito Santoâs intrigue, extraordinary new links revealed by the US Wall Street Journal have suggested the bank may well have moved millions for
Novo Banco affirms its latest âscandalâ has âzeroâ effect on recovering business
Less than a week after top-tier managers were rounded up in another high-profile police swoop targeting banking corruption, Novo Bancoâs man-at-the-helm has said all is fine and dandy. Talking to
NOVO BANCO directors named as new defendants in BES scandal
As revelations come thick and fast, PĂșblico newspaper is reporting that top-level bankers who moved from BES to Novo Banco when the former institution collapsed have now been named as
Bank of Portugal Governor unconvincing in BES enquiry
It took seven hours of tough questioning and, even so, the parliamentary commission of inquiry into the BES banking scandal remained unconvinced by the Governor of the Bank of Portugal
Good cousin/bad cousin: BES intrigue hits new low
As a date has finally been set for the opening of a government commission of inquiry into the BES banking scandal, news comes that JosĂ© Maria Ricciardi – leader of
Stock losses as PT shares bomb by more than 27%
Lisbon’s stock market is in tatters today after shares in Portugal Telecom hit an historic new low. And although analysts claim there is âno news that explainsâ the shock, the
Football legends talk of âlost millionsâ in BES carve-up
As the parliamentary inquiry gets underway, promising to âfling the doors wide openâ on the Banco EspĂrito Santo banking scandal, Portugalâs former national football team manager Carlos Queiroz has talked
Knives sharpen as BES inquiry gets underway
Seventeen MPs have begun the parliamentary inquiry into âthe truth of the factsâ behind the BES banking scandal. Just as the forensic audit ordered to establish the depth of the
Net tightens on BES Angolaâs âlostâ âŹ4.2 billion
As the forensic audit analysing alleged irregularities at former Banco EspĂrito Santo is due to report to the Bank of Portugal next week, news comes of a list of people
New BES banking horrors impact on small investors
As every day brings new horrors to the fore, it now seems certain that small investors who put money into BESâ âproductsâ may have had their money used for entirely