Efacec's nationalization: “Consequence of unthinking and unnecessary Portuguese judicial actions”, reacts lawyer Isabel dos Santos

In this way, and according to the position advanced by "SIC", Isabel dos Santos' lawyer referred to the operation known today as "the consequence of unthinkable and unnecessary Portuguese judicial actions, whose invalidity will in time be decided".

DR Eneias Rodrigues / LUSA

The nationalization of more than 70% of Efacec's capital, announced this Thursday by the Minister of Economy, Pedro Siza Vieira, has already deserved a reaction on the part of Isabel dos Santos' lawyer.

"This social participation is held by the company Winterfell 2, based in Malta, and indirectly controlled by Isabel dos Santos", said, in turn, the Minister of Economy.

In this way, and according to the position advanced by "SIC", Isabel dos Santos' lawyer referred to the operation known today as "the consequence of unthinkable and unnecessary Portuguese judicial actions, whose invalidity will in time be decided".

On April 15, the Angolan businesswoman, as the majority shareholder of Winterfell companies, considered that the forfeiture of her shareholdings in Efacec is "abusive", "excessive" and "illegal". In a statement released this Wednesday, Isabel dos Santos asks the Portuguese authorities to investigate and prevent the advance of this arrest, because she believes that legally “it is not justified” in Portugal.

The Angolan businesswoman entered the capital of Efacec Power Solutions in 2015, after buying her position from the Portuguese groups José de Mello and Têxtil Manuel Gonçalves, who are still shareholders of the company, currently facing the group with serious financing difficulties due to the shareholder crisis. that goes through.

"The decree-law that nationalizes 71,7% of the share capital of Efacec Power Solutions, a company of national reference," said today the Minister of the Presidency Mariana Vieira da Silva said that this measure guarantees the "safeguarding of about 2.500 jobs ”and“ company continuity ”.

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