Trial begins of Spain’s top banker

The trial of Emilio Botin, the chairman of Spain’s most powerful bank, Santander Central Hispano, has started in Madrid.

Mr Botin is accused of misusing the bank’s funds after he approved the payment of 160m euros ($208m; £111m) in bonus and pension payouts to two former executives.

However, the trial was suspended when Mr Botin’s lawyer introduced a new set of documents on the day testimony was set to begin.

A three-judge panel gave prosecution lawyers until Monday to study the documents, when the trial will be reconvened.

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published.