The Audience of Barcelona has acquitted Narcís Serra already Adolf Todó and to the entire dome of Catalunya Caixa for having raised the salary despite the bankruptcy of the entity. The court has notified in hand to the 41 defendants the sentence this Tuesday morning.
The Court does not assess delinquent behavior neither in the decision itself nor the process that leads to it, even though it indicates the evident situation of recession in which the decisions took place, it understands that the existing reports in the case and the testimonies accredit the inexistence of elements that allow to typify the agreements pursued as a crime.
The ex-president of the entity, Narcís Serra, and the former director general Adolf Todó, were facing three years of prison for a crime of unfair administration in competition with another of misappropriation. On leaving the courthouse, Serra has declared himself "very happy" because "justice has been done".
The 41 accused, including Serra and Todó, are acquitted
In recent days it was rumored that the meaning of the sentence could be acquittal after the prosecution requested a reduction of penalty for the entire dome and two experts from the Bank of Spain affirmed that the bias of the entity was reduced that the bonuses were approved after receiving the first public aid and in anticipation of laying off 1,300 employees.
The text dismisses the accusations of the boards of directors "in which, in the middle of the economic crisis, with a notable reduction in benefits, the salary of several of the main responsible parties is increased".
The Hearing does not see the crime of unfair administration or misappropriation
"The facts declared proven are not constitutive of the offense of unfair administration or of misappropriation held by the accusing parties," the judgment states. While acknowledging that the decision was taken in a very delicate situation, "the Court does not appreciate criminal behavior neither in the decision itself nor the process that leads to it" and abounds in the "absence of elements that allow to typify the agreements pursued as crime".