Ricardo Salgado

Ricardo Salgado

Ricardo Espírito Santo Silva Salgado (born June 25, 1944) is a Portuguese economist and banker. President and founder of Banco Espírito Santo, he was, until July 2014, the banker active for the longest time in Portugal.Salgado was detained on the 24 July 2014 in an investigation into suspected tax evasion and money laundering. He was later released on bail of €3m after being questioned by a magistrate at Lisbon’s central court of criminal investigation.Ricardo Salgado was born in Cascais. The great-grandson of José Maria do Espírito Santo Silva and maternal grandson of Ricardo Espírito Santo Silva Ribeiro, Salgado spent the first years of his life in Lisbon. He lived in Lapa, where he studied at a public elementary school and later at Liceu Pedro Nunes. Wikipedia

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