Luis Medina denied to the prosecutor that he was planning a seizure of assets to avoid the embargo: "No, no, no, nothing!"

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Luis Medina was between surprised and offended when the prosecutor told him that he should not do anything strange with his properties, at the risk of committing a crime of concealment of assets.

"No, no, no, no, man, nothing!" Said the investigator in the last stages of the interrogation

A year after that appearance in Anticorruption, the Madrid judge who has taken on the prosecution's complaint for the alleged fraud in the sale of medical supplies is considering charging him with the crime, after ordering the seizure of his assets and verifying that he has only been able to with 247 and a few cents in one of his accounts at Deutsche Bank.

The other two accounts were in the red.

Moments before the string of denials of the investigated, the prosecutor

had been reviewing the acquisitions made after receiving his commission of one million dollars (925,000 euros) for the inflated sale of masks to the

: a sailboat and some products financial.

"I am going to be very honest," the prosecutor tells him after Medina showed his surprise at the questions about the ship, "if tomorrow [this investigation] goes to court, we must ask for the seizure of the assets. And your lawyer will be able to tell you, if you did any attempted maneuver, I don't know, put it in someone else's name, that would be a crime."

Medina then begins with the "no, no, no, no", with a "never" that corroborates the intervention of his lawyer, who until then had hardly intervened but jumps at the mention of the seizure of assets.

"Nothing further, Mr. Prosecutor: extreme collaboration," says the lawyer, while next to him Medina continues with the denials.

"My expenses, my things"

According to the video of the statement incorporated into the case, the review of the assets of the investigated begins with a direct question from the prosecutor.

"What did you do with the million dollars you received, what do you use the money for?"

The first answer is generic: "My expenses, my things."

The prosecutor goes into details and the person questioned confirms that, in fact, the Fair, an Eagle 44 model yacht, was bought. He did it in the Netherlands and for 325,000 euros.

Also that she bought it through a Gibraltar company, but not because she wants to avoid VAT, he explains, but because he still doesn't know if he wants to have it moored in Spain or in South America.

"This saves time."

The other destination detected by Anticorruption is Note Bonds managed by Deutsche Bank for a total value of 400,000 euros.

"They tell me, hey, to have money standing, put it here," explains Medina, who then shows his surprise at the direction the interrogation is taking.

"I can ask you what relationship it has... because you still need to know if I have diverted some of the money to...".

It is then that the prosecutor warns him against the idea of ​​an asset seizure.

Prison

Before concluding, the prosecutor asks Medina for explanations about other somewhat minor expenses.

There is a renting of a vehicle (60,000 euros), the repayment of a loan (32,000) and the loan to a partner (50,000).

At that time -April 13, 2021- the case was not yet in court.

The Prosecutor's Office was still investigating to decide whether to file a complaint, as it finally did a few days ago.

Sources from the Prosecutor's Office maintain that, although the matter was not yet in court, Medina could have committed the crime of concealment of assets.

The crime punishes those who hide their assets with the intention of avoiding foreseeable economic responsibilities.

The minimum sentence from which it starts is one year in prison and, depending on the circumstances, can reach up to six.

This crime would be added to those already charged to Medina and his partner in the hit,

aggravated fraud, false documents and money laundering.

The embargo agreed on for Medina supposes the blocking of the possible sale of the ship, as well as the request to the Deutsche Bank to block the two bond notes acquired, each one for a value of 200,000 euros.

As the figure of the above still does not cover the million dollars obtained in a criminal way, the judge also agreed to seize their accounts.

There the judge sought to block the 187,227 that were missing, but only found 247.

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