Thursday, January 29, 2015

SPAIN: UPyD: “Embezzlement of Caja Madrid begins to have … – EntornoInteligente

SPAIN: UPyD: "Embezzlement of Caja Madrid begins to have … – EntornoInteligente

ABC of Spain 2 / After meeting the allocation of Caja Madrid exdirectivos who used the cards “B”, counsel for Union Progreso y Democracia (UPyD) that Prosecution exercises in Bankia, Andrew Herzog case, stated that these new citations and emails between former senior positions known recently confirmed that we are facing “unprecedented embezzlement, which is beginning to have an impact.”

” We are a vibrant time of the investigation, “said Herzog, who said the magistrate’s decision to impute to 79 new implicated in the case, with opaque cards which charged EUR 15.2 million in the accounts of the entity for personal-expenses “has come to agree with UPyD”, who first requested that all users of Visas are suspected.

The lawyer also criticized the position of the prosecution, which only requested the allocation of 27 exdirectivos – the directors and managers of the entity, for an alleged offense of disloyal administration and reported that it is “one of the biggest cases of corruption in the history of Spain”.

With regard to irregular salaries of Caja Madrid, uncovered by the FROB and could cause damage of about 15 million euros to the entity, magenta lawyer said the training was witnessing at the this branch the case that at the request of the prosecutor, will be referred to the courts of Plaza de Castilla.

“I can assure you UPyD perform witnessing and drive to be investigated to the end,” Herzog said. Scandals in the management of savings, snowball that threatened the entire Spanish economy, accountable to the courts.

Information ABC of Spain 2

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