Maria Luís Albuquerque asked Parvalorem, the public company that manages the toxic assets of the bust Banco Português de Negócios (BNP), to conceal a loss of €150 million so as not to increase the 2012 deficit.
Parvalorem was told to hide part of the massive losses on non-performing loans at the request of Maria Luís Albuquerque, when she was Secretary of State at the Treasury.