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Two former BES executives tried to pay for the bank’s bankruptcy | BES

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Pedro Mosqueira do Amaral and Ricardo Abecassis will be the first former executives of Banco Espírito Santo (BES) to be tried under the bank insolvency proceedings. Both have already been acquitted of responsibility for the failure of the institution, but they could still be called upon to pay for acts of management that could have contributed to the collapse of the bank, money which, if paid, will be included in the bankrupt assets of BES.

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