October 22nd

Energy privatisation: Bankers threatened Portuguese Government


This is the story of how the bankers used China as a threat against the Portuguese government, using their close connection to ministers in the right-wing coalition government. The bank menaced the Prime Minister, both directly and through some of his closest friends, with the threat that China could stop diplomatic relations with Portugal, and suggested that there might be resignations of members of the government that believed he was opposing the deal. Investigate Europe (IE) spoke to key stakeholders and discovered privatisation from behind the scenes.