[ad_1]
The 850 million euro loan that the public coffers made to the Resolution Fund to capitalize Novo Banco, and that was done without they have been given immediate knowledge António Costa, will trigger a new audit to the banking institution. However, at this time, another audit remains to come, which has been carried out since last year, due to the 850 million euros lent in 2019.
Last week, Portuguese taxpayers lent 850 million euros to the Resolution Fund, the vehicle that works with the Banco de Portugal and owns 25% of the bank’s capital. This is a transfer that was made by the ministry led by MRye and of which António Costa was not informedthe, leading him to admit that he was wrong in Parliament.
East loan the Fund can cover the damage caused by the bank’s toxic credits last year, is that contribute to injection 1.035 5 million (the value was 1,037 million, but the Resolution Fund decided to deduct this amount the 2 million euros bonuses to managers).
However, since the beginning of last year, the entry of state money into credit institutions carries obligations for the Government.
