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Banif's Readers Threaten with Action Against the State for Payment of Eur 242 Million

Summary by Observador
The reader of Banif's case makes progress with a judicial action against the State for the payment of a compensation of EUR 242 million resulting from loss of investment in financial products.

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ObservadorObservador
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Jornal de NegóciosJornal de Negócios
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The reader of Banif's case makes progress with a judicial action against the State for the payment of a compensation of EUR 242 million resulting from loss of investment in financial products.

·Portugal
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Those affected by the Banif case are filing a lawsuit against the State seeking compensation of €242 million, resulting from losses on investments in financial products. This information was sent to the Government last week and, according to the document, nearly 3,000 Banif victims

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This information was sent to the Government last week and, according to the document, almost 3,000 readers of the Banif – a list including the Banif Readas Association (Alboa) – wanted to inform the State, the Government and the Prime Minister “of the intention of the applicants to propose a judicial action against themselves [...] of at least EUR 242 million”. Banif’s resolution took place in December 2015, by a decision of the Government and t…

·Portugal
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O MinhoO Minho
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IOL PortugalIOL Portugal

Banif victims are threatening to file a lawsuit against the State for compensation of 242 million euros, according to documents seen by Lusa today. This information was sent to the Government last week, and according to the document, nearly 3,000 Banif victims—a list that includes the Banif Victims Association (Alboa)—wanted to inform the State, the Government, and the Prime Minister "of the claimants' intention to file a lawsuit seeking compen…

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Banif's readers threatened to proceed with a judicial action against the State for the payment of a compensation of EUR 242 million, according to documents that Luca had access today. This information was sent to the Government last week and, according to the document, almost 3,000 Banif's readers - a list including the Banif's Reading Association (Alboa) - wanted to inform the State, the Government and the Prime Minister "of the intention of th…

·Funchal, Portugal
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Dnoticias broke the news in Funchal, Portugal on Friday, August 1, 2025.
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