The judge of the National Court Santiago Pedraz considers that there is sufficient evidence to judge the former responsible of the Bank of Valencia, among which are former President José Luis Olivas and former CEO Domingo Parra, for alleged accounting falsehood.
As they have confirmed to Efe legal sources, the magistrate has terminated his investigation and has issued a brief of abbreviated transformation, which in practice implies his intention to prosecute the excuse of the entity.
Banco de Valencia was intervened by the Bank of Spain at the end of November 2011, detecting a capital hole of about 600 million that was corrected with a contribution of 1,000 million FROB, before being awarded in auction to CaixaBank.
In addition to Olivas and Parra, the judge believes that another thirteen managers are responsible for preparing false accounts at least in 2008 and 2009, and includes Deloitte auditor Miguel Monferrer in his investigation.
Olivas is awaiting the judgment of the Bankia case, in which the Anti-Corruption Prosecutor's Office requests five years in prison for alleged falsehood in the accounts of 2010, a crime to which the scam adds to investors.
With regard to Domingo Parra, the trial is about to be concluded for a credit operation of the Valencian entity, a plenary during which the former CEO declared guilty of the events imputed to him and made an income of 100,000 euros in FROB account.
Therefore, the public prosecutor reduced his request for conviction from four to a year and a half.
. (tagsToTranslate) will process (t) excupulate (t) Bank (t) Valencia (t) falsehood