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Businessman Joe Berardo admits he has gone over parliament


Jose Berardo, better known as Joe Berardo, confessed today that he had overgrown himself during his hearing at a CCF parliamentary inquiry, but said he did not intend to "offend."

"I have to admit that, in the heat of the debate, I was overcome, giving some impulsive answers and not well considered," it can be read in a statement by the businessman who Lusa had access to.

Joe Berardo said he was "not certain" of his intention to offend anyone, with little respect for the Republic of Wales. "

"I love my country and who knows I know I would never respect a sovereign organ," Madeiran businessman added.

Joe Berardo distributed his visit to parliament as "intense questioning" during "five and thirty minutes," which was "controlled by political rules" which says "not dominating" or want to dominate.

Berardo added that "would have been easier … not to answer the questions" and hide "in attacks of selected amnesia ', as has often happened" in the commission investigated.

"I didn't do it out of respect to the parliament and the Portuguese," the businessman said in the statement.

Joe Berardo also considered a "punishment" at the hearing on 10 May "no one asked him" for the purpose of this same commission, the capitalization of Caixa and the control of acts. "

"Since that date I have served as a scapegoat for all Portugal's financial system problems since 2007. I will not passively accept it," the businessman said.

The businessman said he had been involved in "many battles" in his life, "this is just one more and certainly not the last".

"I love my country, and it was not my intention to offend my countrymen," said José Berardo.

Joe Berardo's visit to the CCF's parliamentary inquiry committee on 10 October prompted the critical criticism, most of all of the way he addressed Members.

Before the parliamentarians, Madeiran businessman declared that it is "clear" that he does not have debts, because the debts of the banks (including the public bank GDF) are not personal debts, but entities associated with it.

Berardo also said that he had tried to "help the banks" to provide guarantees and that they were the ones who suggested the investment in BCP shares.

He further explained that Berardo Collection Association (owner of works of art) certificates of participation that gave to banks to consolidate loan guarantees lost value with a capital increase where financial entities were not involved, it is probably because they didn't know that & # 39 exist.

For several questions from the deputies, Joe Berardo also said that they should be made to the banks concerned: "Ask Caixa, they lent me the money," he said.

He already answered the idea that the Box "costs a kite," he replied: "Not me!"

On April 20, CGD, BCP and Novo Banco transferred an executive action to collect debts Joe Berardo, from nearly 1,000 million euros, at the Lisbon District Judicial Court, also ran the José Berardo Foundation and two companies associated with & # 39 the entrepreneur.

The amount owed to the three financial institutions amounted to 962 million euros.

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