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Manuel Pinho: accepting political office “was a huge mistake”



Manuel Pinho: accepting political office "was a huge mistake"

Former Economy Minister Manuel Pigno, indicted in the EDP trial on suspicion of corruption in favor of an electric utility company, posted his initial statement online during questioning last week by the Central Department of Investigation and Criminal Affairs (DCIAP), confirming that he did not approve of the EDP and regretted that he agreed to become a minister during the first government of Jose Socrates from 2005 to 2009.

Taking a political position “was a huge mistake,” notes Manuel Pinho. “In addition to the expenses that my family and I had to bear financially (I was very poor in politics, not in getting rich) and public exposure, later my life changed, which led to a conclusion that already leads nine years, ”the former minister says on a website he created to promote his defense.

In this regard, Manuel Pinho not only announced that he was preparing a book entitled “In the Castle” for publication, but also became the target of a smear campaign.

“I live locked up as a result of a nine-year investigation into the alleged endorsement of the EDP in 2007, when I was minister (2005-2009), and the smear campaign that I have pursued (and am now). As you will see, the process involves situations that are out of place during Estado Novo, ”laments Pinho.

The former minister published the statements he made in DCIAP interrogation… “During the 9 years of this investigation, I lived in a situation of real imprisonment, which implied the need for permanent residence abroad without a permanent residence visa, as my social relations in Portugal became more and more limited and I had to give explanations whenever I needed opening a bank account or getting a visa for a trip, and it is very difficult, if not impossible, to work, ”he said.

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In the same document, he reports that in 2013 he ran into a journalist with a 2012 income statement. “Faced with a situation that would never have happened under the rule of law, I asked the IRS to conduct an internal audit. investigation to find the person responsible (or responsible) for the violation of my tax privacy. To my surprise, and then to my lawyer, AT informed me that the prosecutor’s office requested a violation of my tax privacy.

In his defense, the former minister denies the thesis that his transition to the Socratic government was Ricardo Salgado’s idea to protect the interests of the Espírito Santo Group in the EDP (where BES had a little more than two% for many years), and the growth of Antonio Mexia in the EDP ( which he left in 2020) was identified by Salgado.

“Ricardo Salgado had absolutely nothing to do with the appointment of Antonio Mexia. Zero. You shouldn’t go there because they won’t go anywhere. There are many witnesses who can confirm this. This means that Ricardo Salgado and the BES have absolutely nothing to do with the EDP case, which concerns the alleged favoritism that never happened, ”says Pinho.

The former minister also accuses the prosecutor’s office of delaying the investigation, in which there is “nothing” to blame the defendants, even when the searches were carried out and the accused were appointed four years ago.

“The prosecutor’s office knows better than anyone that they are accused only because they wanted to end what you thought were statutes of limitations and have time to pull material from news stories published in the press and on social media. as well as from other processes under investigation to create a case. In the 39 pages of the indictment I was presented with in 2019, 21 links to articles published in the press! That is, they write off malicious information and lies in the press, they publish what they are given and you use it as a means of proof, “accuses Pinho.

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In his speech, where he provides several arguments that have already been used in the past to defend the fact that EDP was not used under the CMEC (Contractual Balance Costs) regime, Manuel Piño does not explain one of the prosecution’s suspicions, which are receipts, which he owned through a company bank account in Panama with monthly payments from ES Enterprises, the so-called “blue bag” of Grupo Espírito Santo.

Pinho only refers to the fact that he did not receive inappropriate payments. “I can guarantee that I have not received an unjustified amount in euros from BES. With regard to any specific payments that have been made to me, I continue to wait for them to show me the documents proving their eligibility that my lawyers requested on 19.09 / 2019. and 10/30/2019, to date, there is no answer, but I want to say that I have never received anything that was not due to me, ”he said.

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The dollar continues to reflect the political scenario



The dollar continues to reflect the political scenario

Yesterday, financial agents evaluated the opposite decision of the Federal Supreme Court (STF) regarding the so-called secret budget. In addition, a decision was made by STF Minister Gilmar Méndez to issue an injunction that would exclude the Bolsa Família from the spending cap rule, with investors trying to understand how this measure would affect the processing of the transitional PEC in the Chamber of Deputies. Oh this PEC!!!!

Since he is an exchange investor, any reading that the budget will be exceeded or become more flexible will negatively affect the exchange market, whether through the PEC or in any other way. We will continue with volatility today.

Looking beyond, the US Central Bank (Fed), although slowing down the pace of monetary tightening at its December meeting, issued a tougher-than-expected statement warning that its fight against inflation was not yet over, raising fears that rising US interest rates will push the world’s largest economy into recession.

The currency market continues to react to political news. The voting on the PEC is saved for today. It is expected that it will indeed be reviewed to open the way tomorrow for discussions on the 2023 budget.

Yesterday, the spot price closed the selling day at R$5.3103.

For today on the calendar we will have an index of consumer confidence in the eurozone. Good luck and good luck in business!!

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Andrés Sánchez consults with the Ministry of Sports, but refuses a political post.



The former president of the Corinthians dreams of working for the CBF as a national team coordinator. He was consulted shortly after Lula’s election.

Former Corinthians president Andrés Sánchez was advised to take a position in the Ministry of Sports under the administration of Lula (PT). However, he ruled out a return to politics. dreams of taking over the coordination of CBF selectionHow do you know PURPOSE.

No formal invitation was made to the former Corinthian representative, only a consultation on a portfolio opportunity with the new federal government, which will be sworn in on January 1, 2023.

Andrés was the Federal MP for São Paulo from 2015 to 2019. At that time he was elected by the Workers’ Party. However, the football manager begs to stay in the sport, ruling out the possibility of getting involved in politics again.

Andrés Sanchez’s desire is to fill the position of CBF tackle coordinator, which should become vacant after the 2022 World Cup. Juninho Paulista fulfills this function in Brazil’s top football institution.

The former president of Corinthians was in Qatar to follow the World Cup along with other figures in Brazilian football. During his time in the country, he strengthened his ties with the top leadership of the CBF.

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The EU has reached a political agreement on limiting gas prices – 19.12.2022



Germany sentenced Russian to life imprisonment for political murder by order of Moscow - 12/15/2021
BRUSSELS, DECEMBER 19 (ANSA). European Union countries reached a political agreement on Monday (19) to impose a natural gas price ceiling of 180 euros per megawatt hour (MWh). The main sources of income for Russia and the minimization of the use of energy as a weapon by the regime of Vladimir Putin.

The agreement was approved by a supermajority at a ministerial meeting of member states in Brussels, Belgium, after months of discussions about the best way to contain the rise in natural gas prices in the bloc caused by Russia’s invasion of Ukraine. .

The value set by the countries is well below the proposal made by the European Commission, the EU’s executive body, in November: 275 EUR/MWh. However, the countries leading the cap campaign were in favor of an even lower limit, around 100 EUR/MWh.

Germany, always wary of price controls, voted in favor of 180 euros, while Austria and the Netherlands, also skeptical of the cap, abstained. Hungary, the most pro-Russian country in the EU, voted against.

The instrument will enter into force on 15 February, but only if natural gas prices on the Amsterdam Stock Exchange exceed 180 euros/MWh for three consecutive days. In addition, the difference compared to a number of global benchmarks should be more than 35 euros.

Italy, the EU’s biggest supporter of the ceiling, has claimed responsibility for the measure. “This is a victory for Italy, which believed and worked for us to reach this agreement,” Environment and Energy Minister Gilberto Picetto tweeted.

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“This is a victory for Italian and European citizens who demand energy security,” he added.

Currently, the gas price in Amsterdam is around 110 EUR/MWh, which is already a reflection of the agreement in Brussels – in August the figure even broke the barrier of 340 EUR/MWh.

However, Russia has already threatened to stop exports to countries that adhere to the ceiling. (ANSA).

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