Both article 19.2 of the Repsol board of directors regulations and 12.3 of Telefónica's are clear.
The president of Repsol,
Antonio Brufau
, and the vice president of Telefónica -among other positions-,
Isidro Fainé
, must communicate their situation to their boards so that it can be evaluated if they harm the reputation of such important companies after being summoned to declare on the 29th as investigated for an alleged crime of bribery.
The regulation in Telefónica is especially clear: «Los Con
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