The truly bizarre case of Nueva Rumasa and its "colourful" owner, José María Ruiz-Mateos, gets more bizarre and more serious. The judge in Palma investigating the affairs of Nueva Rumasa has ordered Ruiz-Mateos' arrest after he failed to appear at court on Friday, claiming that a fractured foot meant that he could not travel. The judge has now also confirmed that money raised through mortgaging hotels in the Hotasa chain in the Balearics was diverted.
See more: El Mundo
Thursday, August 02, 2012
MALLORCA TODAY - Judge says Nueva Rumasa diverted mortgage money
Labels:
Arrest ordered,
Hotasa,
José María Ruiz-Mateos,
Mallorca,
Nueva Rumasa
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