Summary:
Rita Júdice, Minister of Justice, rejects any conflict of interest regarding her real estate holdings.
She has 50% stakes in two companies and a 30% stake in another real estate firm.
Júdice insists her companies don't own properties that could benefit from land-use laws.
Her statement follows a similar move by Minister Manuel Castro Almeida who sold his real estate share.
Justice Minister's Stance on Real Estate Holdings
Rita Júdice, Portugal's Minister of Justice, has firmly stated that she has no intention of divesting her personal assets, which she claims were built through her own work and that of her family. This declaration came in response to news reports highlighting her involvement in four real estate companies, owning 50% stakes in two firms—Périplo Essencial and Pedrasgest—that operate in the real estate and tourism sectors. Additionally, she holds a 30% stake in Canforeira, which focuses solely on buying and selling properties, and a smaller percentage in Stone SPA, which operates in both beauty and real estate sectors.
Júdice emphasized that these companies do not own any properties that could benefit from land-use laws, thus claiming there is no conflict of interest. Her statement comes after the Minister of Cohesion, Manuel Castro Almeida, revealed his decision to sell his share in a real estate company amid public scrutiny about the implications of such holdings.
In contrast, Júdice maintains that her holdings do not pose any ethical issues, asserting, "These societies do not have any properties that could benefit from land-use laws, and therefore, there is no conflict of interest."
Stay tuned for updates on this developing story.
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