“We can confirm we have received two complaints from the Portuguese Stock Exchange Commission (CMVM) and have opened investigations”, a source at the attorney general’s office told Lusa on Wednesday.

The suspect deal, which lked the CMVM to advise the attorney general concerned the transfer of €64 million a few days before the Bank of Portugal transferred 2.2 million Novo Banco bonds to Banco Espírito Santo (BES).

Electronic newspaper ECO explained that an insurer had sold a block of €54 million of Novo Banco bonds to an institutional investor outsider of Portugal. But a week later the bank of Portugal issued a communiqué about transferring the bonds to the assets of bad bank BES so “whoever had bought the bonds a week earlier” lost “almost all the capital they invested”.