Portugal Gripped by Corruption Scandal as Central Bank Governor Faces Calls for Resignation Amid Prime Ministerial Bid Rumors

A deepening crisis in Portuguese politics has led to fresh questions about the impartiality of the country’s central bank governor, Mário Centeno, after allegations surfaced that he was considered a candidate to become prime minister following the resignation of outgoing leader António Costa.

Background: The Corruption Scandal

Costa stepped down amid a corruption investigation targeting members of his cabinet. The scandal has led to widespread scrutiny and calls for accountability.

Central Bank Governor Mário Centeno Embroiled in Controversy

Centeno, head of the Bank of Portugal, is now under intense scrutiny over his potential involvement in the scandal. In a statement released by the bank, Centeno denied receiving an invitation from President Marcelo Rebelo de Sousa to lead the government, contrary to earlier claims made by Costa.

Key Points:

• Centeno revealed that he had been approached by both the president and PM to consider taking on the premiership position.
• He initially agreed to “reflect on the conditions” necessary for him to become prime minister but ultimately declined the offer.

Opposition Calls for Resignation

The right-wing opposition has seized upon the controversy, with leaders calling for Centeno’s resignation due to concerns over his impartiality as head of the Bank of Portugal.

Key Quotes:

• Luís Montenegro, leader of the Social-Democratic party: “Centeno must assess his impartiality.”
• Rui Rocha, president of the liberals’ group: “Centeno is no longer fit to continue in his role.”

Ethics Committee Convenes Emergency Meeting

The central bank’s ethics committee has convened an emergency meeting to review the situation, according to local media reports.

Conclusion: The crisis has also led to a government crisis, with Costa’s resignation paving the way for early legislative elections set to take place on March 10. The controversy surrounding Mário Centeno’s potential involvement in the scandal and his subsequent withdrawal from consideration as prime minister raises serious questions about the impartiality of the country’s central bank governor.