Former Finance Minister Fernando Medina accused then-Aguas de Portugal (AdP) President José Furtado in an email of “lack of diligence and professionalism” for refusing to proceed with the transfer to help the government reduce public debt, the newspaper reported on Wednesday. Echo.
“The management team you lead has repeatedly demonstrated indifference to the goals and priorities clearly defined by the shareholder, which indicates a lack of hard work and professionalism required of a public manager,” the former government official said.
AdP paid the state an extraordinary dividend of 100 million euros on December 29, 2023, the last working day of the year. The capital gains imposed by Fernando Medina on the management of the state-owned company helped reduce the public deficit and public debt, which the Budget Technical Support Unit report considered “artificial”.
In an email sent on the eve of the payment to the state, the former minister expressed regret over the refusal of the ADP leadership.to work actively and constructively in this process”, taking into account the “large public subsidies” the company receives annually, its own capital and its “technical potential, which surpasses that of several state-owned enterprises”. At stake is “the national objective of reducing the public debt”, recalled José Furtado.
The then executive president of AdP opposed the operation and admitted that he was resigning from his mandate, but former Prime Minister António Costa and Fernando Medina committed to providing a capital increase to Águas de Portugal if necessary.
Author: morning Post
Source: CM Jornal
I’m Sandra Hansen, a news website Author and Reporter for 24 News Reporters. I have over 7 years of experience in the journalism field, with an extensive background in politics and political science. My passion is to tell stories that are important to people around the globe and to engage readers with compelling content.