It has taken since 2014, but finally, legal representative of those depositors who lost at least €400 million in the cynical BES ‘commercial paper’ scam have got a meeting lined up with the Government, the Bank of Portugal and the Stock Market and Securities Regulator (CMVM) all around one table.
Lawyers representing the ‘Associação do Indignados e Enganados do Papel Comercial’ aka the totally pissed off depositors, said they are confident of getting a deal and that their clients’ money will be returned.