The State Bank of Portugal governed by SMS and emails - no CEO, no capitalisation in sight - Socialist government blamed for the chaos!!

 Finance Minister, Mário Centeno

Unelected PM, António Costa

The State Bank

Parliamentary deputy Hugo Soares (PSD) condemned the "unforgivable" situation 

in the never-ending on-going "soap-opera" of the Caixa Geral de Depósitos (CGD), 

after Antonio Domingues announced that he would not continue to lead the bank, 

blaming the prime minister, António Costa and the finance minister, Mário Centeno.

"The PSD vehemently regrets the lamentable situation the CGD has come to, 

as to the ridiculous situation 

where the State Bank is being managed by SMS and email," 

he said, considering that the public bank 

"should be at the service of the economy by now."

Hugo Soares criticized the "mediocre economic growth 

of the last year 2016" of the Portuguese economy, 

saying that even the President of the Republic, 

Marcelo Rebelo de Sousa, has also publicly referred to this fact. 

Moreover, the PSD MP, also regretted that on the resumption of the work 

of the parliamentary committee of inquiry, 

they were informed that the Minister of Finance 

and António Domingues, the ex-CEO of the State Bank, 

will not be heard, in the inquiry, 

as his party had intended.

In an unprecedented attitude, 

the parliamentary radical left-wing parties, 

prevented the committee of inquiry from hearing them. 

The "united left and the radical left"  

have consistently shown attitudes of arrogance in the parliament, "he said. 

And stressed: "The parliamentary radical leftists are forces of blockade 

to the normal functioning of the parliamentary commission of inquiry."

António Domingues, 

the outgoing chairman of the Caixa Geral de Depósitos (CGD), 

wrote a letter to the employees of the State Bank, 

where he recalls the results achieved by his administration, 

in the short time he was in office, 

namely the capitalization and the strategic plan designed for the Caixa. 

He also explains that the postponement 

for starting the capitalization process 

to the first week of 2017, 

is a decision which was taken, 

as the sole responsibility of the shareholder, the State 

and the socialist government of António Costa.