Drone pilot sentenced to prison for accident

dronegolfA pilot has been sentenced to prison after the drone he was operating hit a woman.

Paul Skinner, owner of an aerial photography business, was convicted of reckless endangerment by a judge in US city of Seattle.

New bid from London - '€4 billion for Novo Banco'

novobancoshinylogoThe Bank of Portugal’s state of inertia was rudely interrupted last Friday when it received a knock-out bid of €4 billion for Novo Banco.

The bid was not an enhanced offer from Lone Star, with which the Bank of Portugal is said to be negotiating ‘exclusively’, but from Aethel Partners which has sent a letter of intent and a new proposal to acquire the loss-making Portuguese bank in a deal that could return €4 billion to the Resolution fund.

Almaraz nuclear power station site visit - 'there will be no statement to the media'

nuclearfuelrodsThe Portuguese delegation that visited the Almaraz Spanish nuclear plant today, left the site early this evening.

The nine-hour visit, including lunch, was made by representatives from Portugal, Spain and the European Union as part of what is being pitched as a 'joint agreement' between the two countries that in reality was insisted on by the European Commission whose president is keen to see the argument resolved over the expansion of the plant.

Second Committee of Inquiry set up to look into Caixa Geral's 'Domingues affair'

parliamentThe President of the Assembly of the Republic, Ferro Rodrigues, is setting up a second parliamentary commission of inquiry into the goings-on at Caixa Geral de Depósitos.

A request was handed in by the former coalition parties (PSD and CDS-PP) that calls for a new committee to be formed to assess the Government's performance in the appointment and subsequent exit of the former head of Caixa Geral, António Domingues.

Bomb dragged up in fishing nets off Nazaré

BombWWIISmallA decades old bomb dragged from the ocean floor by the nets of a Portuguese trawler was taken into harbour, then rapidly back out to sea and detonated in a controlled explosion off Nazaré.

The bomb was hauled aboard the Mar Salgado this morning and lay on the deck as the skipper steered back to harbour, alerting the Maritime Police emergency services that he had a live one on board.

Lagos Court "seems to be frozen in time"

justiceministerThe Algarve Communist Party MPs, Paulo Sá and António Filipe have sent the Minister of Justice a report on the shortcomings of Lagos Court which they claim is woefully inadequate.

In addition to noting a shortage in staff numbers, the court building and its facilities "seem to be frozen in time" with leaks, rattling old window frames that let the rain in, air conditioning does not work with several rooms without any, inadequate furniture, faulty shutters and problems with the electrical system."

Government-approved restaurant billing software loses taxpayers €500 million a year

foodfrenchThe billing software used by Portugal's restaurants has allowed owners to delete cash sales if an invoice with fiscal number is not requested by the customer.

Because there are flaws in the legislation and in the authorised range of software, the Tax Authority has lost more than €500 million in VAT receipts each year with 40% of payments still being made in cash.

€10 billion in un-taxed offshore transfers - Paulo Núncio takes 'political responsibility'

nuncioPaulo Núncio, the former Secretary of State for tax affairs, said that he took "political responsibility" for not publishing details of the €10 billion in transfers to offshore tax havens between 2011 and 2014.

The socialist party said Núncio’s admission proves neglect by the former PSD CDS-PP coalition government in not following up this significant financial outflow and in not allowing Tax Authority inspectors to check that the sources of the money were legitimate and that the account holders were fully tax compliant.