Novo Banco commission approves final report
Members of the commission of enquiry into Novo Banco approved the final report. Only the Socialist Party (PS) voted against the document.
The members of the commission of enquiry into Novo Banco approved the final report. Only the Socialist Party (PS) voted against the document, as it did not agree with the conclusions regarding the bank’s sale and which attributed responsibility to António Costa’s government. The PSD, Bloco de Esquerda, PCP, PAN and Iniciativa Liberal gave the “green light”. The People’s Party (CDS) abstained.
As a result, the final report received the votes of nine MPs, guaranteeing a majority in the 17-member commission of enquiry. Seven Socialist MEPs voted against and Cecilia Meireles, from CDS, abstained.
While the draft version somehow exonerated the governments from the BES resolution and the sale of Novo Banco, on Monday amendments were approved that attributed responsibilities to the two executives in this process, which did not please the PSD, CDS and PS. Criticism over the actions of the Bank of Portugal, the bank and the debtors remained.
