The former CFO of Banco Espírito Santo (BES) testified in court that ESFG consistently guaranteed reimbursements to clients who invested in financial vehicles. However, during his testimony, the ex-CFO failed to present any documentation to substantiate this claim of a secret guarantee. This revelation surfaced during ongoing legal proceedings related to the collapse of BES. The testimony centers on assurances made to investors utilizing financial products connected to the bank. Critics point to the lack of evidence as undermining the credibility of the claim. The situation continues to raise questions about transparency and accountability surrounding the downfall of Banco Espírito Santo in Portugal. Further investigation is underway to determine the validity of the alleged guarantee.

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