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Ricardo Salgado freed from house arrest

SALGADO2Ricardo Salgado, the "Dono Disto Tudo" of the Espírito Santo clan and former president of Banco Espírito Santo is now allowed out and about.

Today his terms of detention were eased from house arrest to the same degree of freedom as former Prime Minister José Sócrates; they may leave their houses, travel within Portugal but are not allowed to go abroad, or talk to or contact in any way those involved in their cases.

The former 'Master of all he Surveys' has the additional annoyance of having to stump up €3 million for the privilege of going out and about while awaiting formal charges in the ‘Universo Espírito Santo’ inquiry.

The Attorney General's Office announced the news today and Ricardo Salgado said he had no comment to make.

Salgado has been under house arrest since July 2, 2014 and must use the same house as his base until he is called to face criminal charges ranging from money laundering to falsifying documents, and much in between.

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