Revelations

Did you know?

Fernando Ulrich was the first to warn the Bank of Portugal that the Banco Espírito Santo was being subjected to high risks, and that they were going unnoticed. He did it at 2012, with documentation. The focus of the complaint was the loans of BES Angola, which doubled the deposits. But the Espírito Santo Liquidity Fund, which is treated later in a denounce made by Pedro Queiroz Pereira, was also part of the president of BPI´s worries. The BPI was aware of the risk of ESI because it was his client, and warned the Bank of Portugal that the fund had in portfolio debt of companies that had no rating, nor were evaluated by no one.

Did you know that Ricardo Salgado asked directly to Carlos Calvário, the risk manager, the ESI rating of 2012?
Did you know that Nuno Amado, president of Millennium BCP also warned the Governor to the fact of the Espírito Santo liquidity fund translate a bizarre logical of family holdings funding?

Did you know it was because José Maria Ricciardi was at the board of EDP, in the last eight years, that the company ever invested in commercial paper of the Espírito Santo holdings?

Did you know that the Bank of Portugal has imposed a capital increase in BES, de EUR 1.045 millions to capitalize the bank, because at this time he did not know the large exposure, direct and indirectly, to family holdings?

Did you know that the Bank of Portugal, within ring fencing, tried to put Rioforte directly owned the Bank (finishing the ESFG) to get direct access to dividends from BES to repay the debt? Solution that is suggested by Jose Honorio.

Did you know Vítor Bento started to invite Amilcar Morais Pires to keep in the board of BES as manager of international portfolio because Ricardo Salgado asked and recommended him, but soon was disinvited, after Vítor Bento knew new circumstances related by the Bank of Portugal (which was withdrawing its reputation)?

Did you know tha Ricardo Salgado became angry with Joaquim Goes when he warns for the risks of exposure to the Bank Group's holdings?

Did you know that Vítor Bento was take by surprise when the opinion maker Luís Marques Mendes announced in TV the measure of resolution for BES?

Do you know the first meeting between Vitor Bento, has CEO of BES, and the Minister of Finance, occur only on the Thursday before Resolution?

Do you know that the initiative to abandon the board of Novo Banco was taken, not  by Vítor Bento, but by one of the other two?

Do you know Ricardo Salgado was under threat of loss the eligibility for BESI administrator during months until he is forced, by the presidente of Bank of Portugal, of dimisión?

Do you know it was Pedro Passos Coelho who ask António Horta Osório for help in the Novo Bank, and because of that the Bank of Portugal invited Eduardo da Cunha Stock?

Do you know at the last minute Ricardo Salgado convinced family members to invest in commercial paper of family holdings?

Do you know general Kopelipa, from Angola, invested 700 million euros in ESI?

Do you know that the cash outflow from BESA, by the hands of Álvaro Sobrinho, occurs more or less at the same time of the increase capital of family holdings, where the investores were allies and friends in various geographies?

Do you know that in all geographies where BES was, the Group Espírito Santo had allies and partners who were invited to invest in capital of family holdings (Control and ESI, and others), or to invest in their debt?

Do you know that the GES was preparing to make another issue of Rioforte´s debt at June 20?

Do you know that Eduardo da Cunha invited to stay with him in Novo Banco´s board, the old managers João Freixa and Jorge Martins, but they did not accept?

 

Do you know that Hotel Palácio offered the stay of Ricardo Salgado?

Do you know the family house of Ricardo Salgado, which belonged to his mother, may be on sale?

Do you know that there are people in the family who tried to raise the money before freezing accounts, and become suspect of a process in the prosecution?