Scrapper Manuel Godinho benefits from “forgiveness” of 9 million debt

The businessman Manuel Godinho, the main defendant in the Face Oculta case, saw the request for exoneration of the remaining liabilities approved, allowing him to benefit from a “forgiveness” of the debt of nine million euros that the bank and other creditors were trying to collect.

The initial order for exoneration of the remaining liabilities of Manuel Godinho and his wife was issued on February 4, within the scope of the couple’s insolvency process that began in 2016, at the Aveiro Court.

This order, which Lusa had access to today, marks the beginning of a five-year period during which the 65-year-old businessman and his wife will have to hand over to a trustee everything they earn above the amount set by the court for “the livelihood minimally worthy of the debtor and his household ”.

During this period, debtors are still obliged to exercise “a remunerated profession, not abandoning it without a legitimate reason, and to diligently seek such a profession when unemployed, not unreasonably refusing any job in order to be fit”.

At the end of the five years, if all obligations are fulfilled, debtors are free from debts that have not been fully paid in their insolvency proceedings, with the exception of debts to Social Security and Finance, which total more than 41 million euros.

This means that almost nine million euros of the couple’s debts disappear, with most of this amount being claimed by the bank, with Caixa Geral de Depósitos at the head.

This amount also includes the credit of 899 thousand euros claimed by the former Refer and another of 49 thousand euros from REN – Redes Energéticas Nacionais, referring to indemnities to which Manuel Godinho was sentenced, within the scope of the Face Oculta process.

The couple’s debts are recorded at 50 million euros, according to the provisional list of creditors delivered to the Court of Aveiro. However, this amount was contested by the lawyer Ricardo Cardoso, who assures the defense in the insolvency process, and there has not yet been a court decision.

In 2014, Manuel Godinho was sentenced under the Face Oculta process to a single sentence of 17 and a half years in prison, on a legal basis, for 49 crimes of criminal association, corruption, influence peddling, theft, fraud, forgery and disturbance public bidding.

However, this sentence was reduced to 12 years in prison after several appeals and the prescription of some crimes.

The Ovar businessman is still free to await the decision of an appeal to the Constitutional Court.

In addition to the prison sentence, the scrap dealer was ordered to pay, jointly and severally with other defendants, 1.2 million euros to the former Refer, REN and Petrogal.

Source: Renascença – Noticias by

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