Tag Archives: Finances
Government cancels investment contract with JP Sá Couto
According to the order published today in Diário da República, the Government terminated the investment contract signed in March 2011, between AICEP (Agency for Investment and External Commerce of Portugal) and JP Sá Couto, for lack of compliance deadlines for … Continue reading
Government wants to extinguish Foundation and pass Magalhães for Education
According to daily newspaper Público, the Secretary of State for Public Works, Transport and Communications, Sergio Monteiro, wants to end the Foundation for Mobile Communications (FCM), used for contractually the distribution of Magalhães computers with JP Sá Couto. FCM currently has a debt amounting to 65 million euros, at least. The secretary of state explained that after the … Continue reading
JP Sá Couto receives incentives after tax fraud
According to Agência Financeira, the company that produces Magalhães computers received “tax incentives relative to the year 2009, when the company was a defendant in a case of tax fraud, according to a list published by the Ministry of Finance”. JP Sá … Continue reading
State pays 11 millions to JP Sá Couto
Approved in the Official News Bulletin, the financial contract between the Government and JP Sá Couto provided the payment of 10.9 million euros from the Portuguese Agency for Investment and External Commerce (AICEP) to the company that makes Magalhães computers, according … Continue reading
