Friday, April 24, 2015

National Court Case bonds fell to US $ 36.9 Bankia … – LaRepública.com.co

Along with the accused, Anticorruption and Restructuring Fund (FROB) Office also strongly opposed the bail set by Judge Fernando Andreu. They argued that the expert report which the judge has relied contradictions and had to order new reviews the Bank of Spain and the Comisión Nacional del Mercado de Valores (CNMV).

The € 34 million (US $ 36.9 million) set by the Court as new bond respond to prejudice on the parties in the case demanded bail for the IPO. The court does not take for good the € 800 million Andreu considered as a possible liability cases: € 600 million plus € 200 million added by criminal responsibility

The president of Bankia, Jose Ignacio Goirigolzarri announced. will go to the civil courts for Rato, Verdú, Norniella and Olivas meet each of its proportionate share of the bond. According to the new bond and financial costs of the judicial deposit, each defendant would have to pay about € 6 million.

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