Check out our latest car hire deals
Typically Spanish - Spain News
:
Andalucía
:
Costa del Sol
Formal charges against 22 suspects in Ballena Blanca
larger | smaller
By m.p - Aug 2, 2007 - 10:11 AM
The amount of money laundered could be more than 150 million €
Judge Miguel Ángel Torres has closed his instruction of the Ballena Blanca – White Whale – money laundering case with charges against 22 suspects. One of them is the man believed to be at the centre of the money laundering network, the Chilean lawyer, Fernando del Valle, whose Marbella office was at the centre of the investigation.
La Opinión de Málaga gives details this morning of the judge’s case summary : 523 companies set up by del Valle and his secretary, Estela Elena, for money laundering purposes. The paper says 139 of them were set up in 14 fiscal paradises which include Gibraltar, Belize, the Isle of Man, Switzerland, Costa Rica, and Delaware in the United States. Other companies were set up in Spain to buy more than 250 luxury properties worth millions of euros on the Costa del Sol.
The lawyer received close to 4 million € as payment for hiding the wealth of clients from Morocco, Lebanon, Italy, Finland and other countries.
The Anti-Corruption Prosecutor estimates that the amount of money laundered could be as much as 152 million €.
mobile | 
email this article | 
printer friendly page
del.icio.us |
digg | 
technorati | 
yahoo | 
Stumble It!
Facebook | 
Reddit | 
Newsvine | 
Meneame | 
Wikio
Blink | 
Google | 
Fresqui | 
MSN reporters | 
Live Spaces
My Space | 
Fark | 
Mixx | 
Twitter
Readers' comments:
Formal charges against 22 suspects in Ballena Blanca
larger | smaller
By m.p - Aug 2, 2007 - 10:11 AM
Archive photo - EFE.
Judge Miguel Ángel Torres has closed his instruction of the Ballena Blanca – White Whale – money laundering case with charges against 22 suspects. One of them is the man believed to be at the centre of the money laundering network, the Chilean lawyer, Fernando del Valle, whose Marbella office was at the centre of the investigation.
La Opinión de Málaga gives details this morning of the judge’s case summary : 523 companies set up by del Valle and his secretary, Estela Elena, for money laundering purposes. The paper says 139 of them were set up in 14 fiscal paradises which include Gibraltar, Belize, the Isle of Man, Switzerland, Costa Rica, and Delaware in the United States. Other companies were set up in Spain to buy more than 250 luxury properties worth millions of euros on the Costa del Sol.
The lawyer received close to 4 million € as payment for hiding the wealth of clients from Morocco, Lebanon, Italy, Finland and other countries.
The Anti-Corruption Prosecutor estimates that the amount of money laundered could be as much as 152 million €.
mobile | email this article | printer friendly page
del.icio.us |
digg | technorati | yahoo | Stumble It! Facebook | Reddit | Newsvine | Meneame | Wikio Blink | Google | Fresqui | MSN reporters | Live Spaces My Space | Fark | Mixx | Twitter
Readers' comments:
el duque
03 Aug 2007, 17:11
03 Aug 2007, 17:11
250 million luxury properties? Just how many properties are there in Spain?
Traductora
07 Aug 2007, 17:57
07 Aug 2007, 17:57
No, it's 250 properties that cost millions of euros.
El operativo del despacho en las actividades de blanqueo consistía en la constitución de sociedades mercantiles en España que tenían como finalidad adquirir más de 250 inmuebles millonarios en la Costa,
El operativo del despacho en las actividades de blanqueo consistía en la constitución de sociedades mercantiles en España que tenían como finalidad adquirir más de 250 inmuebles millonarios en la Costa,
Typically Spanish News Team
07 Aug 2007, 22:04
07 Aug 2007, 22:04
Whoops! Now corrected - thanks.
Please keep to the subject. Opinions published here are of our visitors, not the Typically Spanish team. Comments which go against Spanish laws or which are libellous are not allowed. We reserve the right to delete any comment we wish.
Por favor, céntrate en el tema. Son las opiniones de los internautas, y no las de Typically Spanish. No está permitido verter comentarios contrarios a las leyes españolas o injuriantes. Reservado el derecho a eliminar los comentarios que consideremos fuera de tema.
Por favor, céntrate en el tema. Son las opiniones de los internautas, y no las de Typically Spanish. No está permitido verter comentarios contrarios a las leyes españolas o injuriantes. Reservado el derecho a eliminar los comentarios que consideremos fuera de tema.
