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Bookmark or Share- Ricardo Salgado sentenced to six years in prison – ECO NewsThe former head of Banco Espírito Santo (BES), Ricardo Salgado, was convicted for the three counts of abuse of trust that came out of “Operação Marquês”. In total, the Portuguese administrator was sentenced to six years in prison. The court considered as proven “almost all the facts contained in the indictment”, according to judge ...
- Prosecutors accuse ex-chief over collapse of Banco Espírito SantoRicardo Espírito Santo Salgado, who was chief executive of Banco Espírito Santo (BES) between 1991 and 2014, is accused of 65 offences, according to a 4,100-page document from state prosecutors...
- BES bank former patriarch gets 6-year jail sentence; lawyer ... - ReutersLISBON, March 7 (Reuters) - The former patriarch of the Espirito Santo family of bankers, Ricardo Salgado, was sentenced to six years in jail by a Lisbon court on Monday for appropriating 10.7...
- In Portugal, Ex-Chief of Bank Is Arrested - The New York TimesMADRID — The problems of Portugal’s most powerful family deepened Thursday when Ricardo Espírito Santo Silva Salgado, the patriarch and the former head of its bank, was arrested and ordered ...
- Downfall of a dynasty: The last days of Ricardo Salgado and Banco ...Bankers in Lisbon say the demise of BES is a watershed moment for the country: the turning point when old Portugal became new Europe. Ricardo Salgado tried every trick he knew to save his empire, but found that the Portuguese establishment could not – or would not – save him.
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