Business

NTGroup denies participation in final meetings on frigate purchase

NTGroup stated that it was not part of the negotiation team or involved in the final meetings regarding Portugal's frigate purchase.

20 August 2026Tagblick Newsdesk

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Archive photo: NTGroup denies participation in final meetings on frigate purchase — Archive photoPhoto: PG-M · Flickr · BY

The company NTGroup (NTG) revealed on Thursday that it was not part of the "formal intergovernmental negotiation team" for the acquisition of three frigates by Portugal from Italy.

According to NTGroup, its presence in the final meetings for the purchase of the frigates did not materialize, refuting information that placed the company involved in the negotiations.

The company emphasized that it does not claim any payment from the Portuguese state related to this transaction.

NTGroup's statements come after accusations made by André Ventura and Pedro Frazão, who asserted that the company had an active role in the final negotiations of the frigates.

In response, NTGroup vehemently denied the allegations, reiterating that it acted only as an intermediary in the initial transaction.

This situation raises questions about NTGroup's role and the implications of its absence in the final meetings, as well as the claims made by others involved.

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