Monday, December 22, 2014

Debt GES to BES counters was not discussed by the management … – Express

Debt GES to BES counters was not discussed by the management … – Express

As I said last week the financial manager of BES, Amilcar Morais Pires, the placement of the debt of the group to the bank’s branches had not spent by management, Joaquim Goes repeats the same idea.

Commercial paper of the Holy Spirit International (ESI) went on sale in BES counters without the 10 people respontáveis ​​by the executive committee to give its approval a policy contrary to that required for the issuance of BES obligations. “The approval should have been more thorough view of their nature,” argues

.

One aspect that had relevance even because the debt ESI Joaquim Goes says only have known in November 2013 and was not subject to any assessment as to the particular evaluation. The debt ESI began to be placed in September 2013 to customers in the commercial bank networks. As this also other debt of the group. This type of placement was in charge of a department that BES then communicated to the marketing department and the shopping areas sold.

Not always this type of product passed by the executive committee, which is responsible for saving “was the administrator Amilcar Morais Pires, marketing circuit “was Joaquim Goes, among other responsibilities, he explained.

The hole of ESI amounted to 2.3 billion euros as was the be known later .

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