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Portuguese ex-PM Socrates arrested in corruption probe

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posted on Nov, 24 2014 @ 04:21 AM

(Reuters) - Portuguese police have arrested former Socialist prime minister Jose Socrates and three other people in an investigation of suspected tax fraud, corruption and money-laundering, the Prosecutor General's office said on Saturday.

Is this the light at the end of the tunnel for Portugal ? ....I sure hope so, but still so many things to do and soooo many others to arrest !

This could be such a great country to live in: Good weather, nice hard working people, some natural resources, huge maritime boundary,.... but it has been tottaly ripped off by politicians for the last 3 decades or more

edit on 24-11-2014 by CosmicDude because: (no reason given)

posted on Nov, 24 2014 @ 05:03 AM
a reply to: AQ6666

Yes, this is the kind of news that give us some hope coz NO ONE used to be arrested for corruption in Portugal.

posted on Nov, 24 2014 @ 03:14 PM
What do you call 3 politicians in jail? A good start.

Seriously, I hope this is the start of real investigations of corruption cases.

Two or three years ago I spoke with Maria José Morgado, from the public prosecutor's office, about a possible case against a public institution (we didn't really had a chance, as that public institution had made things in a way that only them could complain about that case, a third party could not), and she told us (I was with a co-worker) that the biggest problem with economic crimes is that judges don't understand a thing about the economic or financial part, so they have to ask someone else (an expert) about it, but most of those experts work for big companies that have connections with the public entities. She also said that the economic crimes were a real problem in Portugal, as that was one of the main reasons money disappears from the public institutions, as it's used to make illegal payments.

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