Less than a day after the good bank that emerged from the BES collapse posted historic losses of almost one billion euros, former BES ‘boss of this all’ Ricardo Salgado has come bursting back onto the scene, saying it is time for the Governor of the Bank of Portugal to be hung out to dry.
Latest losses suffered by Novo Banco not only cannot be laid to blame at his door - as they have been - says Salgado, but they show that clients had more trust in his family’s bank than they do in Novo Banco.
It is a swingeing attack by a man who is on €3 million bail on suspicion of all kinds of financial skulduggery, but then he has always proclaimed his innocence - and so far, there are no charges in either the Monte Branco investigation or that into BES in which he is under suspicion.