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The president of the Banif Commission of Inquiry in Madeira is appalled that the governor of the Bank of Portugal, Carlos Costa, refused to turn up and give his version of a series of events that ended up costing customers €263 million.
"I express absolute repudiation for the attitude shown by those who refused to come here to give their testimony, with special emphasis on the governor of the Bank of Portugal, who, being an official of the State - and Madeira being part of the same State - refused to appear," said commission president, Carlos Rodrigues.
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Yesterday’s agreement between the UK and Brussels to work within a 21 month Brexit transition period (HERE) may be scuppered by Spain which still wants Gibraltar and seeks major concessions in an effort to control this spec of British territory.
Madrid’s reaction to the withdrawal agreement which contains the timeline for the transition period, has been a threat to withhold support just days before the deal is due to be signed by EU member states as it wants a veto on Gibraltar enjoying the single market and customs union.
Three workers from the municipality of Pedrógão Grande, an area devastated by last year’s fires, were suspended today as part of an investigation into the diversion of at least €30,000 of council funds.
Two of the council workers subsequently were arrested and are being investigated for possible embezzlement following searches at the Pedrógão Grande council offices.
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- Expansion of Portugal's sea area makes slow progress through UN
- Current proposals would cause "the death of the Local Accommodation sector"
- Spring has sprung
- Off-season Algarve busier than ever
- New European banking regulations are just 'non-binding expectations'
- "King of disguises" extradited to Portugal to complete 39 year sentence
- Toys R Us declares insolvency in Portugal
- Cristiano Ronaldo faces jail over Spanish tax affairs