Tiago Petinga / Lusa
Carlos Brandão, administrator of Novo Banco
Former administrator Carlos Brandão has advanced to court with a contestation of his dismissal for just cause, following “suspicious financial operations carried out in his personal sphere” that the Novo Bank reported to PGR. Concerned the right to compensation and millionaire prizes.
The former Manager of Novo Banco Carlos Brandão filed action in court to contest your dismissal for just cause.
In January, the administrator due to “suspicious financial operations carried out in his personal sphere”, which the Novo Banco reported to PGR, and which, guaranteed the institution, does not involve “in any way” its operation.
According to the newspaper, on July 1, almost six months after its dismissal, Carlos Brandão presented to the work of the Lisbon District Court a judicial challenge of regularity and lawfulness of dismissal for just cause – by virtue of which You are not entitled to compensate.
The dismissal was approved Novo Banco’s supervision council on 7 January, three months after suspicious operations were detected and reported, and on the date on which the prosecutor conducted the first searches under the process.
According to explained at the time Mark BourkeExecutive Chairman of Novo Banco, Brandão was kept in office until the beginning of January “not to interfere with the investigation of the Public Prosecution Service, and with the knowledge of the regulator.”
According to the investigation of the MP, facts that may constitute crimes of and forgery, which led to the constitution of Carlos Brandão and his wife as defendants, are at stake.
The manager, who has been a bank board since 2017, was at the time of disciplinary proceedings to support his removal. The Code of Conduct of Novo Banco provides “procedure and disciplinary sanctions”If there is a violation of the planned internal rules – which the institution considered to have existed.
According to the Labor Code, an action for judicial challenge of regularity and lawfulness of dismissal goes through a Opposition to the decision of removal TAKEN BY EMPLOYER, NOTE THE PUBLIC.
With the dismissal for just cause, Carlos Brandão loses not only compensation for his removal, but also the management awards to which he would still be entitled.
According to the report and accounts of 2023, quoted by ECO, Carlos Brandão received in advance 75 thousand euros of performance award In 2023, the year he had a salary of 320,000 euros gross, plus 72.5 thousand euros of variable remuneration of 2022 – A total of 392.5 thousand euros.
The investigation around Carlos Brandão is a long history of suspicions, which involves in cash, “secret meetings” in Guinea-Bissau, real estate transactions and connections to investors from Angola.
The investigation began with the driver’s collaboration Carlos Brandão, who was attributed to him by Novo Banco and who will have received direct orders from the manager to deposit various bags of money – In Novo Banco and other Portuguese banks.
The origin of these funds remains uncertain. There are evidence that points to Guinea-Bissau and Angola, in a swivel platform With different iron tests, which was engendered by Carlos Brandão. The bank will also have denounced other businesses of Carlos Brandão and the woman, namely real estate operations.
