US EditionPortugal’s Premier Battles to End Talk of Conflict of Interest
14 Articles
14 Articles
Portugal’s Premier Battles to End Talk of Conflict of Interest
Portuguese Prime Minister Luis Montenegro is struggling to put an end to speculation about potential conflicts of interest in relation to a company owned by his family, less than a year after his minority government took office.
The company that Luís Montenegro, the current Prime Minister of Portugal, founded when he was out of politics is causing him the biggest bankrupts since he came to power in the spring of 2024. Although the politician sold his shares when he assumed the leadership of the Social Democratic Party (PSD, center-right) in 2022, the entity remained in the family orbit, as it was his wife and his children who received the shares in Spinumviva. The tax d…
Portuguese Prime Minister Luis Montenegro has called a special cabinet meeting for Saturday after being accused of a conflict of interest over a contract involving one of the companies...
Solverde and Spinumviva signed a contract in 2021. The connection takes on the contours of a possible conflict of interest, since Montenegro represented it in negotiations with the State. There will be more this year.
The Prime Minister made a communication to the country today to announce his “personal and political decisions” after it was revealed that the company owned by his wife and children receives a monthly payment of 4,500 euros from the Solverde group. Montenegro's declaration to the country is scheduled for 20:00, at the official residence of São Bento, after an extraordinary meeting of the Council of Ministers, at the same place. As the wife and …
The controversy surrounding the Prime Minister's family business was under review in Now.
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