The dome of Bankia spent € 55,892 five months before being tapped – Newspaper

The dome of Bankia spent € 55,892 five months before being tapped – Newspaper

Sunday, October 12, 2014

card threw up hours before the Government intervened Bankia. In the past five months at the helm of this organization’s president Rodrigo Rato, the former vice president Jose Manuel Fernandez Norniella and former Director General Barcoj Ildefonso Sanchez spent 55,892 euros with their cards b. In restaurants they paid € 4323 and the English Court allowed € 8,623.39.

These data appear in the extract of the opaque cards that have been revealed by two audits of Bankia. This payment system, according to the FROB and an external consultant, was devised by the former managers of Caja Madrid and inherited by Bankia. And was to grant to the directors and managers of a business card that was out of the ordinary circuit under the responsibility of Barcoj Sánchez. 86 directors from 2003 to 2012, 15.5 million euros were spent on personal expenses as varied as five-star hotels, gambling, music, flowers, jewelry, clothing and wine.

MINOR / Rato EXPENSES, according to investigative sources, reduced the number of users of these five cards, but paying inherited 20 other former directors of Caja Madrid. The costs of the latter were almost symbolic from January to May 2012, when it was operated as the entity-reached 3,800 euros. In this period, the biggest spender was Arturo Fernandez, who as it did in prior periods, are paid for itself, ie, charged bills owned restaurants in the amount of 1,500 euros.

This squalid compares with the money provided for five exdirectivos Caja Madrid in 2011 which reached 43,900 euros. Among the most consumed include the former Director of Social Work manager Carmen Contreras (15,000 euros) or the former head of the Casa Real Rafael Spottorno (12,000).

Rato and exmandos also fell short to release their cards b when he was born in December 2010 Bankia In the first year of life were spent in this institution, with Matias Amat, 141.567 euros. That is, in the two years of his term disposed of 197,459 euros.

The president of Bankia, for example, withdrew 16,000 euros in cash from ATMs between 22 February and 5 May 2012 . And maybe he used this money to pay other expenses that between January and resigned on 7 May, only used his business gold to charge restaurant bills (€ 710) and flowers (741 euros).

Meanwhile, Sanchez Barcoj 6,703 euros was spent on hotels and air tickets between March and May 2012 and canceled a last charge of 503 euros the day Bankia was operated on 9 May 2012 In addition, he paid 2,120 euros in restaurants and nearly 200 in flowers.

José Manuel Fernández Norniella consumed 7,439 euros in the English Court in 19 purchases of 400 euros between 2 February and 5 May 2012 came to make up four counts of this amount on the same day as occurred on July 7 and May 5, two days before the resignation of Rato and four preoperatively. In addition, the former vice president of the entity paid 1,493 euros in restaurants.

These four exdirectivos were required by Bankia to justify their expenses, but they refused although they opted to return the amount of your purchases. Rato Norniella Fernández Sánchez Barcoj Amat and returned to the bank the full amount of your expenses by bank transfer on 1 July, but the president postponed payment until July 3 and charged the expense to an account of Banco Sabadell.

and Sanchez Barcoj Rato, alongside the president of Caja Madrid Miguel Blesa, declare on Thursday before Judge Fernando Andreu. And the external auditor of Bankia, a report suggests researchers to examine “the conduct of those who authorized or agreed to the use of these cards’ following users say that they have not committed a crime because they thought they could use su business for personal expenses. By contrast, the dome of the entity, as this opinion may have committed the crime of unfair administration.

Meanwhile, the FROB argues that the use of these cards by the directors of Bankia is of reproachful plus they knew the “existence of difficulties in the financial sector, support to the entity and the austerity measures.” Therefore, states that they must have realized “the inappropriateness of the measure of existence of these cards.

CONVICTION SOCIAL / legal sources said yesterday that the players in this scandal will try to demonstrate in their court appearances Andreu spending for these cards was a complement of their salary and completely legal, not being business cards, which are also available to them. However, sources consulted explained that although they feel they can get rid of a criminal conviction, social will be impossible.