Expatica news

Ricardo Salgado had nothing to do with the collapse of BES

SALGADO2Ricardo Salgado, the former president of Banco Espírito Santo, refused to admit in court that management decisions he made had anything to do with the collapse of the bank and that he has “a deep conviction that he will prove this.”

Salgado was in the appeal court in Santarém on Tuesday and said he did not feel the slightest bit guilty about the dire situation in which he left many of his customers.


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