Privatizations: call Pinto da Costa

It looks like TAP is going to be sold for 20 million euros. Curious, the Hulk was sold three times […]

It looks like TAP is going to be sold for 20 million euros. Curious, the Hulk was sold for three times as much. We realized that Pinto da Costa understands more about the subject. Or else someone in bad faith is destroying public property, sending strategic companies for the country to the shambles. It will be possible?

The history of privatizations reeks. It smells perfidiously, even. And if it had been suspected for a long time that this was not going to go well, it is only now that the purposes of those who are dealing with the different files have become clear.

Of the range of companies to be privatized, TAP and RTP will perhaps be the most emblematic. Interestingly, over both, the last week was full of news, none very encouraging.

RTP is already known to be the target of a sanitation process that began with Nuno Santos and will continue shortly with all those who dare to raise their voice in the face of the ongoing palace coup: the public radio service and television will soon be delivered to private individuals.

It seems – and it seems because, as in everything that involves this executive, nothing is clear – that Cofina and the Angolan capitals (and in the expression “Angolan capitals” it's up to everything, everything) the mission of serving the hidden purposes of a government for which the only guarantee we have concerns its inability to deal with the problem at hand, which is called Portugal.

Thus, one can perceive the repeated headlines of Correio da Manhã about RTP, as well as the recent editorials of Jornal de Angola.

As for TAP, if I reach the pertinence of privatization (TAP needs an injection of capital in order to grow), I no longer understand the urgency of it, knowing that, under current terms, it will be poorly done and unprofitable for the State shareholder.

The Colombian, the Brazilian, in fact, the Pole who is getting ready to write the check manages to do the business of his life. Buy an airline listed as one of the best in the world, leader in the Latin American market, with an important position in the African market and an intangible value that exceeds any economic calculation, doing so for a price that is not just a bargain, but almost full liquidation.

We are worse off than we thought. Ethically at least. RTP and TAP are two brands indelibly associated with the notion of Portugal. Giving them up with this lightness can only be a sign that the precipice is definitely near.

Please someone save us!

 

Author Nuno Andrade Ferreirajournalist

 

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