Former VP of Vila Nova de Gaia Council Accused of Major Corruption in €300M Real Estate Scandal

June 3, 2024
Former VP of Vila Nova de Gaia Council Accused of Major Corruption in €300M Real Estate Scandal
  • Former vice president of Vila Nova de Gaia City Council, Patrocínio Azevedo, has been accused of 17 crimes, including corruption.

  • Azevedo allegedly used his position to benefit private real estate interests.

  • The investigation revealed a network of corruption involving bribery and material goods for favorable treatment in urban development projects.

  • A total of 16 defendants, including businessman Paulo Malafaia and Elad Dror, founder of Fortera group, face charges of corruption and influence peddling.

  • Over 300 million euros in real estate interests are at stake.

  • Azevedo allegedly received luxury watches and over 100,000 euros in exchange for favoring certain real estate projects.

  • The prosecution claims Azevedo abused his public office, compromising the integrity of the city council and eroding public trust.

  • The accused individuals will remain in custody pending further legal proceedings.

Summary based on 4 sources


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