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Banco Privado Português
Banco Privado Português (, , abbr. BPP) was a Portuguese private bank based in Lisbon. Founded by João Rendeiro it is currently in liquidation. On 24 July 2009, Paulo Guichard and Salvador Fezas Vital, two former board committee members of BPP were suspended by Banco de Portugal, and joined João Rendeiro in the BPP case, to be indicted for falsifying accounts, tax crimes and money laundering. On 15 April 2010, the Banco de Portugal, Portugal central bank, "after verifying the impossibility of recapitalization and recovery efforts of this institution", ordered the liquidation of the Banco Privado Português. On 11 October 2010, the Polícia Judiciária conducted searches at the homes of former officials of the BPP under the scope of an investigation into suspected money laundering and fraud. On 11 February 2013, João Rendeiro, Fezas Vital and Paul Guichard, former members of the board committee were charged by the Public Ministry with fraud, in a matter of a Collecti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bankruptcy
Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor. Bankrupt is not the only legal status that an insolvent person may have, meaning the term ''bankruptcy'' is not a synonym for insolvency. Etymology The word ''bankruptcy'' is derived from Italian language, Italian , literally meaning . The term is often described as having originated in Renaissance Italy, where there allegedly existed the tradition of smashing a banker's bench if he defaulted on payment. However, the existence of such a ritual is doubted. History In Ancient Greece, bankruptcy did not exist. If a man owed and he could not pay, he and his wife, children or servants were forced into "debt slavery" until the creditor recouped losses through their Manual labour, physical labour. Many city-states in ancient Greece lim ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fraud
In law, fraud is intent (law), intentional deception to deprive a victim of a legal right or to gain from a victim unlawfully or unfairly. Fraud can violate Civil law (common law), civil law (e.g., a fraud victim may sue the fraud perpetrator to avoid the fraud or recover monetary compensation) or criminal law (e.g., a fraud perpetrator may be prosecuted and imprisoned by governmental authorities), or it may cause no loss of money, property, or legal right but still be an element of another civil or criminal wrong. The purpose of fraud may be monetary gain or other benefits, such as obtaining a passport, travel document, or driver's licence. In cases of mortgage fraud, the perpetrator may attempt to qualify for a mortgage by way of false statements. Terminology Fraud can be defined as either a civil wrong or a criminal act. For civil fraud, a government agency or person or entity harmed by fraud may bring litigation to stop the fraud, seek monetary damages, or both. For cr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2010 Disestablishments In Portugal
1 (one, unit, unity) is a number, numeral, and glyph. It is the first and smallest positive integer of the infinite sequence of natural numbers. This fundamental property has led to its unique uses in other fields, ranging from science to sports, where it commonly denotes the first, leading, or top thing in a group. 1 is the unit of counting or measurement, a determiner for singular nouns, and a gender-neutral pronoun. Historically, the representation of 1 evolved from ancient Sumerian and Babylonian symbols to the modern Arabic numeral. In mathematics, 1 is the multiplicative identity, meaning that any number multiplied by 1 equals the same number. 1 is by convention not considered a prime number. In digital technology, 1 represents the "on" state in binary code, the foundation of computing. Philosophically, 1 symbolizes the ultimate reality or source of existence in various traditions. In mathematics The number 1 is the first natural number after 0. Each natural number, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1996
A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of Bank regulation, regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure accounting liquidity, liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defunct Banks Of Portugal
{{Disambiguation ...
Defunct may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the process of becoming antiquated, out of date, old-fashioned, no longer in general use, or no longer useful, or the condition of being in such a state. When used in a biological sense, it means imperfect or rudimentary when comp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Westville, KwaZulu-Natal
Westville is an area in KwaZulu-Natal, South Africa, and is just west and 10 km inland from the Durban CBD. It was formerly an independent municipality and became part of the eThekwini Metropolitan Municipality in 2002. The climate is subtropical; Westville experiences mild, dry winters, and hot, humid summers with frequent late afternoon downpours. History The settlement began in 1847 as the farm "Westville" (named in honour of Martin West (colonial administrator), Martin West, the first United Kingdom, British lieutenant-governor of what was then the province of Colony of Natal, Natal). In March 1848 a group of Germans, brought out by Jonas Bergtheil, arrived in Port Natal to settle the area and farm cotton. They established several farms both in Westville and neighbouring New Germany, KwaZulu-Natal, New Germany (the two settlements are separated by the Palmiet Nature Reserve, Palmiet Valley), and were a tight-knit community. The Westville settlers would travel through Palmiet ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Westville Prison
Westville Prison is located on the outskirts of Westville (eThekwini Metropolitan Municipality), a town inland of Durban. It is one of the largest prisons in South Africa and the only prison located in the Durban Durban ( ; , from meaning "bay, lagoon") is the third-most populous city in South Africa, after Johannesburg and Cape Town, and the largest city in the Provinces of South Africa, province of KwaZulu-Natal. Situated on the east coast of South ... area. As of 2005, there were 40,000 inmates at Westville Prison. Location The prison is located on the southern edge of Westville, in the suburb of Dawncliffe. The entrance to the complex is on Harry Gwala Road. Between the prison and Westville proper is the complex housing the prison's wardens and other staff. Roosfontein Nature Reserve acts as a buffer area surrounding the rest of the prison. Escapes There have been a number of escapes or attempted escapes from Westville Prison, most notably by: * Thozamile Taki, th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Interpol Notice
An Interpol notice is an international alert circulated by Interpol to communicate information about crimes, criminals, and threats by police in a member state (or an authorised international entity) to their counterparts around the world. The information disseminated via notices concerns individuals wanted for serious crimes, missing persons, unidentified bodies, possible threats, prison escapes, and criminals' '' modus operandi''. There are eight types of notices, seven of which are colour-coded by their function: red, blue, green, yellow, black, orange, and purple. The best-known notice is the ''red notice'', which is the "closest instrument to an international arrest warrant in use today". An eighth ''special notice'' is issued at the request of the United Nations Security Council. Notices published by Interpol are made either on the organisation's own initiative or are based on requests from national central bureaus (NCBs) of member states or authorised international entit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pretoria
Pretoria ( ; ) is the Capital of South Africa, administrative capital of South Africa, serving as the seat of the Executive (government), executive branch of government, and as the host to all foreign embassies to the country. Pretoria straddles the Apies River and extends eastward into the foothills of the Magaliesberg mountains. It has a reputation as an academic city and centre of research, being home to the Tshwane University of Technology (TUT), the University of Pretoria (UP), the University of South Africa (UNISA), the Council for Scientific and Industrial Research (CSIR), and the Human Sciences Research Council. It also hosts the National Research Foundation (South Africa), National Research Foundation and the South African Bureau of Standards. Pretoria was one of the host cities of the 2010 FIFA World Cup. Pretoria is the central part of the City of Tshwane Metropolitan Municipality which was formed by the amalgamation of several former local authorities, including B ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Interpol
The International Criminal Police Organization – INTERPOL (abbreviated as ICPO–INTERPOL), commonly known as Interpol ( , ; stylized in allcaps), is an international organization that facilitates worldwide police cooperation and crime control. It is the world's largest international police organization. It is headquartered in Lyon, France, with seven regional bureaus worldwide, and a National Central Bureau in all 196 member states. The organization today known as Interpol was founded on 7 September 1923 at the close of a five-day International Police Congress in Vienna as the International Criminal Police Commission (ICPC); it adopted many of its current duties throughout the 1930s. After coming under Nazism, Nazi control in 1938, the agency had its headquarters in the same building as the Gestapo. It was effectively stagnant until the end of World War II. In 1956, the ICPC adopted a new constitution and the name Interpol, derived from its telegraphic address used since 19 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Durban
Durban ( ; , from meaning "bay, lagoon") is the third-most populous city in South Africa, after Johannesburg and Cape Town, and the largest city in the Provinces of South Africa, province of KwaZulu-Natal. Situated on the east coast of South Africa, on the Natal Bay of the Indian Ocean, Durban is the Port of Durban, busiest port city in sub-Saharan Africa and was formerly named Port Natal. North of the harbour and city centre lies the mouth of the Umgeni River; the flat city centre rises to the hills of the Berea, Durban, Berea on the west; and to the south, running along the coast, is the Bluff, KwaZulu-Natal, Bluff. Durban is the seat of the larger eThekwini Metropolitan Municipality, which spans an area of and had a population of 4.2million in 2022 South African census, 2022, making the metropolitan population one of Africa's largest on the Indian Ocean. Within the city limits, Durban's population was 595,061 in 2011 South African census, 2011. The city has a humid subtr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
