Former president of Pescanova sentenced to 8 years in prison and BDO auditor more than 3
The Court considers it proven that the auditor, who will appeal, 'endorsed' the irregular management
(SPAIN, 10/7/2020)
MADRID (Reuters) - The Spanish National Court sentenced the former president of Pescanova, Manuel Fernández de Sousa-Faro, to eight years in prison for irregular practices to obtain bank financing and for accounting fraud in order to attract investors who later lost their money.
The court also sentenced eleven other defendants from the former leadership of the Galician food group to terms of between six months and three and a half years in prison, according to a sentence known Tuesday.
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