Thursday, October 9, 2014

Blesa 9,000 euros was spent on safari in Africa and 10,000 in wine – Deia

Blesa 9,000 euros was spent on safari in Africa and 10,000 in wine – Deia

The breakdown of the 15.5 million worn with opaque card Bankia and Caja Madrid between 2003 and 2012 is an example of hubris and excess. Among the main items include expenses Miguel Blesa, president of the company, which spent more than 10,000 euros in a shop known wines and champagnes Madrid over this period.

BILBAO. As stated in the breakdown of the cards, which he has had access to El País, in August 2008, he hired a trip to South Africa for 6000 euros and then spent $ 3,000 more on airline tickets from South African Airways.

Blesa, Rato and Barcoj face sentences of up to 10 years in prison for the cards. The Anti-Corruption Prosecutor has already submitted a report to the judge accusing the leadership of the former Caja Madrid and Bankia-this last while handling Rato two possible crimes: corporate, unfair administration, and other ownership improper. The three executives could be punished for all sentences of up to 10 years in prison, said The Economist.

The National Court judge Fernando Andreu cited as defendants former presidents of Caja Madrid Miguel Blesa and Rodrigo Rato and former CEO of the financial institution Barcoj Ildefonso Sánchez, in relation to opaque cards. After learning of the subpoenas, the Economy Minister Luis de Guindos said “absolutely” Rato warned before the FROB sent to the Attorney Bankia internal report that uncovered the case. Finance Minister Cristobal Montoro called on instruction and quickly described as “totally reprehensible” these proceedings. The justice minister, Rafael Catala, expressed his “respect” for the magistrate’s decision, while calling it “reprehensible” and “inappropriate” use of the cards.

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