Elevate your local knowledge

Sign up for the iNFOnews newsletter today!

Select Region

Selecting your primary region ensures you get the stories that matter to you first.

Spanish banker’s death was suicide, officials say

Spanish banker's death was suicide, officials say | iNFOnews.ca
In this photo taken on Friday, Dec. 19, 2008, former President of Caja Madrid bank Miguel Blesa attends a news conference at the regional government building in Madrid. Spain's Civil Guard said Wednesday, July 19, 2017, that a former chairman of one of the country's largest banks has been found dead with a gunshot to the chest in a private hunting estate in southern Spain. (AP Photo/Francisco Seco)

MADRID – Judicial authorities in Spain say that autopsy results show the Spanish banker involved in graft scandals who was found dead this week with a bullet to his chest deliberately shot himself.

The body of Miguel Blesa, the 69 year-old former chairman of the disappeared Caja Madrid, was found Wednesday in the garage of a private hunting estate in southern Spain after he told other guests he was going to move his car.

The forensic report confirms the widespread speculation it had been a case of suicide.

Blesa had been waiting for the result of an appeal to a six-year prison sentence for misusing corporate credit cards issued by Bankia SA, which absorbed Caja Madrid in 2011. Bankia was later nationalized and bailed out for 18 billion euros ($24 billion).

News from © iNFOnews.ca, . All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.

Join the Conversation!

Want to share your thoughts, add context, or connect with others in your community?

Create a free account

Abbey Westbury

Related Articles