The board of directors of Iberdrola has sent a letter to the National Court in which it offers that the group's executives, including its president

Ignacio Galán,

appear to testify in the investigation into the electricity's links with commissioner

José Manuel Villarejo .

The energy group denounces that for years it has been the victim of "acts of denigration" by competitors and former executives who seek to damage the reputation of the company.

Faced with these acts, the group shows its willingness to have its executives called to appear to provide their testimony and "in this way facilitate the completion of the ongoing investigation."

The leadership of Iberdrola thus anticipates an accusation by the investigating judge, Manuel García Castellón, which they take for granted.

According to sources in the investigation, after the latest Anticorruption proceedings carried out, it has decided to request the appearance of Galán as an under investigation.

"The processing of piece 17 of the Tandem case has been taken advantage of by competitors who, directly or indirectly, have attacked the reputation and good name of the company, which has forced it to take legal action in defense of its honor and reputation , protecting itself from acts of denigration, and claiming the damages produced, even presenting, when necessary, a complaint for falsehood and a complaint for theft of documents and disclosure of secrets, both admitted by the corresponding judicial bodies ", explains Iberdrola in a statement sent to the judge and the

National Securities Market Commission (CNMV).

The company refers to the complaint filed a week ago against ACS, chaired by

Florentino Pérez,

for an alleged crime against the honor of the group.

The construction company issued a statement after learning about the Iberdrola investigation in which it described the alleged espionage carried out by the utility on ACS in the middle of the war for control of the company in 2009 as "disgusting".

Iberdrola acknowledges in its letter that it actively collaborated with the Cenyt company, managed by Villerejo, and presents a total of 17 contracts linked to different works carried out between 2004 and 2017. In any case, it continues, the hiring processes were submitted to the internal control procedures regulated in its statutes.

After a first internal analysis, the electricity company hired PWC to carry out "an absolutely independent investigation and without limitation, or any intervention regarding its scope, by the company" to clarify if there were more connections with Villarejo to the margin of the 17 reported actions. The consulting firm was also hired to carry out the same type of 'forensic' by BBVA to analyze its relationship with Villarejo.

"From said report there has been no evidence of any relationship between Mr. Villarejo and

Iberdrola Group

companies

other than that documented in the seventeen invoices referred to, nor that the contracting, accounting and payment of the same have violated the control procedures established, nor, finally, indications that allow third parties outside the

Security and Administration and Control Directorates to be

linked with the hiring investigated ", he says.

According to the criteria of The Trust Project

Know more

See links of interest

  • Work calendar

  • Home THE WORLD TODAY