Madrid, May 19 (EFE) .- The Spanish National Court cited today to declare the legal representative of the Deloitte audit partner and Francisco Celma as investigated for alleged irregularities in the accounts of the IPO Bankia bank in 2011 .
the Spanish bank went public when it was run by the former director IMF managing and former Minister of Economy and Vice President of the Spanish Government (1996-2004), Rodrigo Rato, who is also processed in the case of offenses fraud and false accounting.
Now the Spanish National Court has decided that Deloitte and its partner, Francisco Celma, appearing on 20 June, after admitting admissible the application lodged by the popular movement “15MpaRato “and the Spanish Inter banks Confederation (CIC), requesting the allocation of both.
the prosecution considers that Deloitte and his partner are” complicit in the scam Bankia “because” neither the report Deloitte could substantiate its IPO, or its audit the accounts of 2011 is reliable, “especially after the signature has been sanctioned by an official body for” very serious continuous infringement “of the duty of independence.
Bankia emerged in 2011 following the merger of seven Spanish savings banks, and soon after, in 2012 had to receive some 22,000 million euros (24.811 million dollars at current exchange rates) of public funds to deal with the financial hole I had.
The bank, now partially nationalized, decided to return earlier this year 1,500 million euros (1,691 million dollars at current exchange rates) to about 200,000 small investors who bought shares in their output public, to curb demands for the gap found between the figures of the prospectus IPO and the actual economic situation of the entity. EFE
No comments:
Post a Comment