Tuesday, January 13, 2015

The experts admit they were wrong to speak of charges … – euronews

The experts admit they were wrong to speak of charges … – euronews

Reuters, 13/01 22:39 CET

 Víctor Sánchez, one of the two experts appointed by the Bank of Spain to work in the Victor Sanchez, one of two experts appointed by the Bank of Spain to work in the “Bankia case,” his departure today of the National Court. EFE

Madrid, Jan 13 ( EFE ) .- The two experts who questioned Bankia accounts have recognized that they could make a mistake to encrypt something more four million I received unduly by some exconsejeros Bankia not have sufficient data charges occupied at all times.

They have stated today in the High Court the two independent experts appointed by the Bank of Spain to work in the “Bankia case” after the counsel of BFA has explained that it would submit a detailed written all fees and no simultaneity in the performance of various positions, reported sources in the statement.

In its reports, the experts detected irregularities in the collection of diets by three directors Rodrigo Rato, José Manuel Fernández and José Luis Olivas Norniella, already receiving a salary, which could involve the receipt of improperly 1.478 million.

Meanwhile, other diets were offset by assisting others advice and had contributions to pensions, which would result in 2,848,000 over than their share.

For more than five hours to appear before the judge Fernando Andreu, experts have explained that they had no monthly breakdown, so they could make mistakes in your calculations and have introduced concepts duplicate

.

Also, other legal sources have told Efe that the experts have recognized that in affirming that 13.244 million in loans to the team of Jose Ignacio Goirigolzarri went from normal to substandard had to have been directly doubtful, there were only analyzed some accredited.

And they did so because, have continued, the company failed to provide all records, since they themselves, given the lateness of his first answer, they chose not requerírselos to no longer delay time their work, so they decided to extrapolate data from 37 of them 23,000 total loans.

However, sources in the company stressed that gave “all information “requested them experts.

This issue has generated a debate between counsel for the FROB and experts, the judge wanted to settle stating Bankia, in its capacity as charged, “can work or not, and in this case it did not,” although the company insists it has fulfilled all requirements of the magistrate.

Moreover , lawyers fund Spanish rescue also wanted to know the differences in the amounts of the adjustments calculated their experts in each of its reports.

In this, they have responded that there is no time difference except since one accused those settings in a period and the second in another post but in any case, did not reflect the true picture of the entity.

To support his claim, have been referred to a record the Board of Directors of June 27, 2012 in which José Ignacio Goirigolzarro stressed that “there had been a significant loss of value in remote situations in time”.

Also to statements made former CEO, Francisco Verdú, in the courts, in which said Bankia hole “had occurred in the last 12 years,” referring to problems appearing in operations granted in the past.

interrogations will resume tomorrow with the lawyers of Bankia, giving way after the defenses of the accused.

euronews published tickers EFE but does not intervene in the published articles.

Copyright 2015 EFE.

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