Former Banco Privado Português (BPP) administrator Fernando Lima was arrested on Friday in Barreiro and sent to Setubal prison to serve his sentence, a police source told Lusa.
Speaking to Lusa, a source at the PSP National Directorate in Lisbon confirmed the arrest of the former banker, “which took place on Friday, at 20:50, in Barreiro, at the request of the Central Investigative Court of Lisbon.” “.
According to the same source, the arrest by Setúbal police officers took place on public roads.
Fernando Lima was sentenced to six years in prison for crimes related to financial breach of trust, money laundering and tax fraud. We are talking about the theft of 2.1 million euros from Banco Privado Português.
The collapse of BPP, an asset management bank, occurred in 2010, following the BPN affair and previous other scandals in the Portuguese banking industry. Despite its small size, it had important consequences due to the potential impact on the rest of the system during the financial crisis.
Author: morning Post
Source: CM Jornal
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