Expatica news

Novo Banco hires detectives to uncover debtors’ hidden funds

novobancoshinylogoNovo Banco said that it had hired international detectives to investigate the fortune of a defaulting client after he made a “gigantic loss” on a loan to buy BCP shares.

José Rodrigues de Jesus and Bracinha Vieira, the two members of the commission responsible for monitoring the management of the assets of Novo Banco, were heard on Wednesday morning in Parliament by the Budget and Finance Committee.