The National Securities Market Commission has announced that it is opening “an administrative sanctioning file for a very serious infringement” against Abengoa and its board of directors when it was chaired by Gonzalo Urquijo for not communicating the company’s accounts within the required period for listed companies. It ensures that it must act against the energy group as a legal person “as well as to the members of its Board of Directors at the time of the events, for the failure to refer to the CNMV and public disclosure, within the deadline, of the individual and consolidated annual financial report for 2019 “. The body chaired by Rodrigo Buenaventura reveals in its statement that it already made the decision on the 11th, but that it has waited to notify those affected before making it public.
Abengoa admitted in March 2020 that it was not going to deliver the accounts for the year on time, because it lacked the auditor’s report. Between January and September 2019, it had published a profit of 2,171 million, but they ended in 549 million losses, according to the accounts formulated in 2021 by the current company corresponding to that year in February of this year. The equity hole exceeded 4.7 billion.
The board of directors at the time also included, among others, former minister Josep Piquà ©, the president of Lar Spain and Wizink Bank., Josà © Luis del Valle and former partners of PwC and Cuatrecasas such as Josà © Wahnon and Pilar Cavero. Manuel Castro was at the time coordinating councilor.
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