Justice

More than a decade after the start of a nine month investigation into corruption fraud and money laundering involving Portugal’s electricity giant EDP, the defendants in the case are finally [...]

The banker and former part-owner of the Banco Espírito Santo empire, José Maria Ricciardi says he is not surprised by the guilty verdict of former BES boss Ricardo Salgado for three crimes of [...]

The ratings agency Moody’s has warned that the current investigations into Altice Portugal over money laundering, fraud and corruption has revealed “deficiencies in internal control”. It says the [...]

Investigations by Portugal’s criminal investigations department into alleged illegal activities at the country’s telecoms giant Altice Portugal has undermined confidence in the company’s bond [...]

The Co-CEO of Altice Portugal Alexandre Fonseca has stepped down from all executive and non-executive functions at the telecoms giant because he is under judicial investigation. Alexandre [...]

The French supermarket retailer Carrefour is to sue Sonae in a bid to claw black a number of fines that were slapped on it over civil, labour and tax infractions that were still pendant and [...]

Ricardo Salgado, he former banker who headed Banco Espírito Santo and was instrumental in its eventual collapse in 2014, has been served with an eight year prison sentence for abuse of trust. His [...]

Manuel Pinho, the former Minister of the Economy under the José Sócrates government (2005-2011) is to face trial over corruption charges. The former PS minister will join ex-banker Ricardo [...]

A ruling from the European Court of Human Rights says that the Portuguese State is not responsible for the hundreds of small savers who ploughed their life savings into supposedly safe Banco [...]

The Supreme Court of Angola has ordered the seizure of US$1Bn in assets held by Africa’s richest woman, Isabel dos Santos. According to Business Insider Africa, the court order is tied to a [...]