The Court of Auditors has decided to reject the complaint of citizens against the rescue of Plus Ultra as it is an unseen loan and that, therefore, has yet been translated into impairment or not for public coffers. "The granting of the loan could lead to damage to public funds, but at this moment that potential harm is not effective or evaluated economically, although it could be at the time when the obligations of the borrower be breached at the expiration of the loan "The Director Felipe García Ortiz, who has been responsible for instructing the complaint presented by Francadas, Edmundo Bal and Luis Garicano on June 7.
He points out that "of the 53 million euros of financial aid granted to Plus Ultra, only 19 million euros corresponding to the Ordinary Loan have been disbursed." And he believes that "the fact that this output of funds has occurred through a loan, it indicates the existence of an eventual prejudice to public funds".
García Ortiz was appointed adviser to the Court of Auditors at the proposal of the PSOE, but the Prosecutor of the Agency, Miguel Ángel Torres, has pronounced itself in the same line that it is not the moment to investigate the case in the control body, which usually act a posteriori of the embezzles. "The loans granted by the Solvency Support Fund of Strategic Companies have not yet expired, prematurely predict compliance or non-compliance with the obligations assumed by the beneficiary entity and the consequent damage to public funds," he says In his writing requesting the inadmission.
García Ortiz adds in his car that he does not see signs of serious negligence or deviation of public funds. His decision is recurred and citizens arise. Sources of this training do not share the criteria of the Court of Auditors because they consider that with the disbursement that has been made from 19 million euros to a bankrupt company "economic damage is taken.
However, they consider that the Court of Auditors already opens the door for this economic damage to occur when "insolvency is found and that the injection has been given for other purposes."
Plus Ultra considers, on the other hand, "normal" that the Court of Auditors has filed to investigate its rescue by ensuring that it complies with legality.Updated Date: 26 July 2021, 08:54