The Frob recovers 20 million looted by the directors of the Galician savings banks

The State is recovering part of the looting of Galician savings banks, one of the most damaging to public coffers, at the hands of the judiciary. The Supreme Court has confirmed in a final judgment that it annuls the 10 million of the armor of the former deputy director general of NovaCaixaGalicia, Javier García de Paredes , as EL MUNDO has learned from legal sources.

This sum joins the other 10.4 million who have also had to return by final judgment last year the former CEO of NGC Bank, José Luis Pego , and the head of the real estate group, Gregorio Gorriarán , who. In total, 20.4 million with the three former managers in a judicial success of the Banking Ordinance Restructuring Fund (Frob), which is not always able to recover compensation and pension plans from former managers of rescued funds as happened in the case of Catalonia Caixa

The amount recovered for now is light years from the 9,052 million lost by the State in the merged Galician savings banks (Caixanova and Caixa Galicia) merged into NGC Bank, but at least it prevents the former executives of the entity from being left with millionaire settlements.

In the case of García de Paredes, the Supreme Court mandates the return of almost 5.6 million compensation and cancels 4.2 million of its pension plan. The Frob had accused this former manager of modifying his new contract one month after signing it to be able to pre-retire only with 51 years and add to his compensation the pension plan, which would report 4.2 million euros, after knowing that it is already I was going to go from the entity.

García de Paredes has argued that when he transferred from Caixa Galicia to the new merged entity he did not intervene in the improvement of his contract. After the merger, in January 2011, De Paredes went from charging 265,000 euros a year to 425,000 and at the time of leaving his post he received the almost 5.6 million mentioned in compensation and the right to 4.2 million of the pension plan.

This former director was acquitted in criminal proceedings, but his litigation has passed by the Social Courts until the Supreme Court ruling. The High Court considers it proven that in February 2011 - just one month after the signing of the new contract - a modification was made to the contractual document that eliminated the clause that established that the entity's workers could not pre-retire with less 60 years or less of 25 years of work in the box. In addition, the Frob attacked the pension plan policy, because it was signed by the former manager when he already knew he was leaving office, as evidenced by a draft letter of withdrawal.

In the case of Pego (6.4 million) and Gorriarán (3.9 million), the Supreme endorsed a previous ruling of the National Court taking for granted that "the defendants, through the new contracts and knowing that they were going to to be dismissed in their positions when the new bank was constituted, they obtained that, by deception, they were approved to them of pre-retirement contracts ". They were "armored senior management contracts for a pre-retirement of high salaries in the middle of the banking crisis" and collected in 2011, when the Galician entity had been receiving public assistance for three years.

The Frob, chaired by Jaime Ponce, said in his latest activity report that he has twenty judicial proceedings open in the rescued entities to try to recover more public aid.

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