CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business

BES hearing

Published: 10 Dec 2014 - 12:15 pm | Last Updated: 19 Jan 2022 - 02:11 am

Ricardo Salgado (centre left), former CEO of rescued Portugese bank Banco Espirito Santo (BES), attends a House committee to speak on BES’ situation at the Portuguese parliament in Lisbon yesterday. The head of the bankrupt Espirito Santo family denied any wrongdoing in the collapse of the bank his family founded and suggested action by the Bank of Portugal accelerated troubles at the bank.