BPN millionaire dies, leaving 5 million euros unpaid to the state – Economy

BPN millionaire dies, leaving 5 million euros unpaid to the state – Economy

Ricardo Oliveira died in June 2023 and the compensation owed to the Parvalorum Public Foundation has not been paid.

Ricardo Oliveira, a businessman known as a BPN millionaire who owned a valuable collection of classic cars, died in June this year. And according to poison, will have left a debt to the state of about five million euros. The debt relates to damages claimed by Parvalorem, a public entity that held BPN’s toxic assets, for losses inherited from BPN related to a business the businessman had with the bank in the 2000s. The businessman also filed a civil suit against Parvalorem, In 2022, he seeks compensation in the amount of 17.5 million euros, for alleged losses resulting from the seizure of assets, such as cars, within the scope of BPN case No. 121/08, in which he was acquitted.

Ricardo Oliveira’s debts to Parvalorim resulted, according to a source close to Parvalorim, from a non-appealable ruling in criminal case 4910/08 (the main investigation of the BPN), where Parvalorim seeks civil compensation in the amount of five million euros. In the process, Ricardo Oliveira was acquitted of the crime of qualified fraud in the court of first instance, in 2017, but the Court of Appeal of Lisbon, after an appeal by the Public Ministry, found him guilty in 2019.

According to the same sources, the ruling grants Parvalorim an executive title that allows him to enforce this debt. Hey poison He tried to speak to the businessman’s lawyer via phone and SMS, but at the time of writing, this was not possible. Parvalorem is now waiting for Ricardo Oliveira’s heirs, his wife and three daughters, to take an inventory of the undivided inheritance.SLN Valor, a former shareholder of the company that owns BPN, is also a creditor of Ricardo Oliveira. SLN Valor is in bankruptcy, and according to poisonintends to file an application for insolvency of the businessman’s illiquid, undivided inheritance, to try to recover a claim of more than two million euros.

74 cars worth 50 million
The businessman had 74 classic Mercedes cars. Its value was estimated at €50 million, according to BPN case records. In 2013, 67 cars were sold in London. Parvalorem seized the proceeds of the sale and unsold cars, but then returned the assets.

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Ricardo Oliveira, a businessman known as a BPN millionaire who owned a valuable collection of classic cars, died in June this year. According to the Prime Minister, he left a debt to the state amounting to about five million euros. The debt relates to damages claimed by Parvalorem, a public entity that held the toxic assets of BPN, for losses inherited from BPN in connection with the business the businessman had with the bank in the 2000s.

By Andrea Hargraves

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