Ingvar Kamprad, the founder of the Ikea furniture and furnishings store, has died in Sweden aged 91.
Kamprad concealed his fascist past until exposed in 1994, but this blip did not stop the Ikea stores concept making him of the world’s wealthiest men while he extolled a life of thrift and parsimony.
Portugal’s Finance Minister, Mário Centeno is being investigated on suspicion of committing the crime of receiving 'undue advantage' which is punishable by up to five years' imprisonment.
The Department of Criminal Investigation and Action in Lisbon carried out searches at the Ministry of Finance on Friday 26th January, after it had been granted a warrant.
A Portuguese-registered minibus collided with a truck in Salamanca on Sunday. It was transporting a group of family and friends who worked in France and were heading back to Portugal.
The driver of the minibus, Renato Resende, 28, from Leiria, died and the seven occupants from Leiria and Peniche were injured.
The Luxembourg insolvency trustees of the Espírito Santo Group’s property offshoot, Rioforte, have appealed to Portugal’s Public Prosecutor to unblock the company’s asset, the Herdade da Comporta real estate fund.
The fund was released for sale to Ardma Imobiliária last year but was withdrawn when the buyer, businessman Pedro de Almeida, was found to have been dealing directly with Espírito Santo family members close to the deal and had compromised himself.
From a country of only 10.5 million people, Portugal’s government managed to extract more than €42 billion in taxes last year, nearly €2 billion more than in 2016.
According to figures published by the Directorate General of the Budget (DGO), direct taxes such as income tax and the tax on company profits, totalled €18.33 billion, up half a billion on 2016.
The Left Bloc formally has asked the Government if it is aware of the allegations that TAP Chairman, Miguel Frasquilho, has been in receipt of suspicious payments arranged by Grupo Espírito Santo through the undeclared offshore company, ES Enterprises. (HERE)
Frasquilho wants to have his Chairmanship of TAP renewed at the end of the month, so the MPs want to know if the government is happy that his past financial probity is beyond reproach.
The dredger salvage operation off Armona has been suspended due to unsettled sea conditions but is expected to resume in a week’s time.
Olhão port captain, Nunes Ferreira, said the contractor has had a few problems and already has ruined two large floatation balloons during attempts to right the capsized vessel.
The Intellectual Property Tribunal in Lisbon will determine whether or not an inventor has been ripped-off by the government.
Manuel Londreira claims the State copied his fiscal control system for receipts and launched it as the ‘e-factura’ programme.
