The Liberal Initiative wants an audit of the TAP nationalization process that began in 2020, with the “decisions of the government in power”, to examine the regularity of the process.
According to a draft resolution delivered this Friday in parliament, the Liberals propose “that an audit be carried out on the process of recomposing the share capital” of the Portuguese airline “which took place in 2020”, “examining its regularity and safeguarding the interest public”. ”.
The party recalls that in 2018, the Court of Auditors (TdC) published an audit on the process of reprivatization and repurchase of TAP, “in light of the applicable legal regime and good practices in the matter of the sale of public shares”. IL wants the same thing to happen now “with the decisions of the Government in office”, but about the 2020 process.
It is necessary to understand how the final amount of the aid to TAP was reached, and it is necessary to know what calculations were made, what they were based on, what the expected returns are and with what time horizon. The need becomes more acute when we consider that Portugal is in a social and economic crisis, and that the support given to TAP is completely disproportionate compared to the support given to other economic activities, especially when we compare the weight of this and these in the economy of the country. GDP”, maintains the liberal caucus.
The Liberal Initiative considers the amount allocated to TAP incomprehensiblethat “began as a request for guarantees of 350 million euros” and ended “in the current 3,200 million euros”.
“It is also important to understand if the Government deceived the Portuguese”, the Liberals continue, since “the money would be recovered to finance the company” and in the Supplementary Budget there was already “an amount of 1,200 million euros for TAP, as a spent”. capital”.
“Several scenarios were not presented to the Portuguese, whose numbers could be compared, such as a scenario of loans to private shareholders with demanding conditions […] or a scenario of bankruptcy of the company, in which creditors and shareholders would lose out, but a new company would start with TAP workers and their management, as has already happened in other countries”, adds IL.
Source: Observadora
