The summer house of Amílcar Morais Pires, former BES financial administrator and Ricardo Salgado’s right-hand man, was sold again, but with a super devaluation compared to what the manager had charged when he sold it.
According to Expresso, Quinta do Boiro, in Pereiro de Palhacana, parish of Alenquer, was purchased in 2009 from Morais Pires for 3.2 million by a fund created and managed by the then Banco Espírito Santo (BES). The fund manager, GNB (Grupo Novo Banco) — Bienes Raíces, ended up selling it this year for 878,100 to a director of Goldman Sachs in London. And the valuations made to the property in November 2020 pointed to values of the order of 1.6 million euros, when it was put up for sale at auction.
Morais Pires had bought Quinta do Boiro in 2006 with a €835,000 loan from Barclays.
The property belonged to a special closed real estate investment fund, ACIF, managed by ESAF — Espírito Santo Fundos de Investimento Imobiliário, SA, today GNB — Real Estate. It was this ACIF that the Public Ministry admitted, in the accusation of the BES case, that Morais Pires is secretly detained.
According to Expresso, there is no apparent relationship between Morais Pires and the current owner. Neither of them responded to the diary’s questions.
Source: Observadora
