Equatorial Guinea can to buy into bailed out Banif - Portuguese - TopicsExpress

Equatorial Guinea can to buy into bailed out Banif - Portuguese MEP Ana Gomes insists that the Bank of Portugal must stop any Guinean company buying shares in Portuguese bank Banif. “This is another case where I have to ask the EC to ensure that a bank that is being rescued with part of Portugal’s bailout funds, repayable by Portuguese taxpayers, is not bought by a corrupt and criminal regime as part of a money laundering exercise,” said the MEP, adding that she is going to complain to the European Commission and ask it to intervene.

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