Portugal's Public Ministry finally has charged six defendants, including four former directors Banco Privado Português (BPP), of qualified tax fraud, abuse of trust and money laundering, crimes allegedly committed between 2003 and 2008.
According to the District Attorney General for Lisbon, the case which started in 2009 involves Joã Rendeiro (the bank’s former president) and former directors Paul Guichard, Salvador Fezas Vital and Fernando Lima, among others.