Contested former banker Blesa committed suicide

Contested former banker Blesa committed suicide

World July 20, 2017 13:36

madrid - The former boss of the great Spanish savings bank Caja Madrid, Miguel Blesa, has robbed himself of life. This was evident from the conviction, the administration of the Andalusian region reported Thursday.

The body of Blesa was found on a farm in southern Spain on wednesday. He had a shot wound in his chest.

The court sentenced the controversial former banker earlier this year to six years in the cell because of jam with corporate credit cards. The Spaniard was still at liberty because he was appealed against that ruling.

For years, Blesa headed Caja Madrid, who later appeared in the Bankia merger bank. That institution had to be endorsed with billions of euros in state aid during the economic crisis.

During that period, Blesa took a break by spending time on holiday and proudly posing a gun beside dead animals, including a bear, lion and hippopotamus. Those holiday slides fell badly in his homeland, at which moment about one quarter of the working population was unemployed.

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