In the letter, published by the Lusa News Agency, and addressed to AIEPC lawyer, Nuno Silva Vieira, Juncker stated that he had passed on the complaint received to the European Commission for Financial Stability, Financial Services and the Capital Markets and instructed him to look into the complaint.


This follows a statement from AIEPC on September 9 issued to “all European leaders” denouncing the outcome of the BES resolution and claiming it had jeopardised “the banking resolution regime in Europe” by running counter to the legislation in effect.


That statement had read "for the first time in the history of the European Union, a member state had applied EU legislation against the very spirit and principles protected by the norms” in what the same statement said was a “blatant violation of the right to private property."


The AIEPC complaint extended to the lack of evaluation of the assets of BES and how the resulting 'Novo Banco' remained deficient in the formal terms of basic governance."


In August 2014, the Bank of Portugal had wound up BES following its presentation of quarterly losses totalling €3.6 billion before dividing up the institutions with its toxic assets going into an entity that retained the name BES whilst the assets went into Novo Banco.


Earlier this month, the Bank of Portugal had announced its failure to reach agreement within the respective timeframe for the sale of Novo Banco and would launch a new tender on an as yet unspecified date.