The former vice president of the Popular Bank Roberto Higuera defended this Tuesday before the judge of the National Court José Luis Calama his management and the capital increase that the entity undertook in 2016, a year before its dissolution, and stressed that his confidence in the solvency of it was such that it invested one million euros in shares.

This has been reported by legal sources present in the statement of Higuera, who has contradicted former bank president Emilio Saracho , who said last week that the capital increase had been very far from the liquidity needs of the bank, by providing 2,500 million euros of the 8,000 million required.

Saracho was in charge of the Popular only 108 days, just before the dissolution, while Higuera belongs to the previous team, which was commanded by Ángel Ron and was the one that undertook the capital increase. The former vice president has argued that the 2.5 billion were sufficient and what the bank needed at the time.

Higuera is the second of the defendants in this case who testifies before the head of the Central Court of Instruction number 4. He has testified for four hours, while Saracho spent two whole mornings at the National Court, in which he answered the judge , prosecutor, defense and accusations.

Saracho is charged in a different piece from Ron and Higuera , because while the first one is alleged to be an alleged crime of market manipulation by the leaks that were known in the spring of 2017 about the situation of the bank, the latter were investigates for falsehood in the capital increase of a year earlier.

The next statement in this first phase of the investigation of the case of the alleged irregularities that led to the dissolution of the Popular is scheduled for October 15, when the former CEO Francisco Gómez Martín is cited.

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