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BNU seeks
 MOP 62.9 million debt from Malo Clinic

BNU
 has requested a court in Lisbon to 
enforce payment of a 6.3 million eu
ros (MOP 62.9 million) debt from 
Maló Clinic.

ARTICLE BY

PUBLISHED

READING TIME

Less than 1 minute Minutes

ARTICLE BY

PUBLISHED

READING TIME

Less than 1 minute Minutes

UPDATED: 22 Dec 2023, 5:50 am

Local Portuguese lender BNU
 has requested a court in Lisbon to 
enforce payment of a 6.3 million eu
ros (MOP62.9 million) debt from 
Maló Clinic, Radio Macau reported on 
Saturday.

The request was submitted to 
the court last week. The clinic is owned by promi
nent Portuguese dentist and health
care entrepreneur Paulo Malo.

According to the Macau Post Daily, the court case comes in the
 wake of the government-ordered
 180-day suspension of the licence 
of the private TaivexMalo Day Hos
pital at the Venetian in Cotai last 
November due to allegations that
 the hospital was involved in the 
smuggling of medicines and also 
provided illegal assisted reproductive technology (ART) and cancer 
treatment services.

The suspension of the licence resulted in the closure of the local Malo Dental Clinic 
which was located on the hospital’s
 premises.

In January, local Portuguese-
language newspaper Jornal Tribuna de Macau reported that the 
hospital’s premises were sealed by 
court order at the request of BNU 
over alleged default by the hospital
 owners.

Following the temporary sus
pension of the licence of the hospi
tal, the Venetian reportedly sent an 
eviction notice to its owners.

BNU is wholly owned by Portugal’s state-owned Caixa Geral de 
Depositos (CGD).

Paulo Malo told the Portuguese-
language TV channel of government-owned broadcaster TDM 
earlier this year that he planned to 
re-open his dental clinic on newly 
leased premises in the city centre.

UPDATED: 22 Dec 2023, 5:50 am

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