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Ricardo Salgado (and Eight Others) Absolved of Corruption in BES Spin-Off Case

Former banker Ricardo Salgado has been acquitted of corruption and money laundering charges related to the financing of credit lines on the international market in the case known as BES The post Ricardo Salgado (and eight others) absolved of corruption in BES spin-off case  appeared first on Portugal Resident.

9 Articles

Center

The Court found that there was insufficient evidence to support the charges, acquitting the former banker and all other defendants.

·Paço de Arcos, Portugal
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Lean Right

There are eight defendants in the case, including Ricardo Salgado, a former banker dismissed by the court for suffering from Alzheimer's disease.

·Lisboa, Portugal
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Court did not give as proven crimes alleged by the prosecution. See this and other news on the TV RECORD website.

All the defendants were acquitted in the proceedings related to the alleged corruption of a former vice-president of the Banco do Brasil.

The former president of Banco Espírito Santo was accused of using entities in tax havens to pay Banco do Brasil to finance the Portuguese bank.

·Lisboa, Portugal
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Suspicious acts were carried out between 2011 and 2014

·Portugal
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Noticias ao Minuto broke the news in Portugal on Monday, July 20, 2026.
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