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Public bank pays for luxury trips to Paris
Politics

Public bank pays for luxury trips to Paris

Correio da Manhã14 September 2026 at 01:30

The Portuguese Development Bank paid for luxury trips to Paris for members of its Strategic Advisory Board, which is composed of 20 people.

The trip was the subject of criticism after it was disclosed that the public bank did not specify how many people traveled or what the total cost of the trip was.

The Portuguese Development Bank is a financial institution with public capital, created to support the country's economic development.

The lack of transparency regarding the trip details raised questions about the use of public money for expenses of this nature.

Why this matters

Readers have reasons to be concerned about how public money is being used, especially at a time when there are budget restrictions in various areas of the State. The lack of transparency about the costs and participants of an official trip raises questions about the supervision and accountability of Portuguese public companies. WHY: none

About this summary

This is our short summary of a report published by Correio da Manhã on 14 September 2026 at 01:30; the full text stays with the publisher. In our feed it sits under Politics. We currently carry 29144 items in that section.

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