La Fourth Section of the Provincial Court of Seville has exonerated the current president of Cdiz CF, Manuel Vizcano and his sister Mara ngelesboth partners of the company Own & Spa Desarrollos SL, as well as Toms Prez-Saquillo, former president of the venture capital company of the Junta de Andaluca. Invercaria is a society that has been investigated by the Justice for ten years.due to the investments with public money that he made in various business projects that rarely went ahead, such as the project presented by the company whose promoter and adviser was the cadista president in his day.
The open process revolved around an alleged irregularity of a participative loan of 150,000 euros granted by Invercaria to said company. The project did not go ahead or be completed and an investigation was started in which Vizcano has always defended his innocence and now justice agrees with him. The sentence states that “there is no evidence that the accused, with the prosecuted conduct, incurred, either by direct actioneither by induction, in an action regarding the disposition of public funds with a gross and manifest departure from the Law, departure from the Law that a prevaricating/embezzler resolution requires to be qualified as such, for which reason nor can it be estimated that there was embezzlementTherefore, the three investigated have been acquitted.
And it is that for the court, “in no way has it been proven that the investment made by Invercaria was due to a arbitrary decision of the president of Invercariaadopted by a hypothetical previous relationship of friendship, interest or of another nature with one or more of the partners of Own&Spa, hypothesis with which it has been speculated without accrediting anything in that sense“. Therefore, it is concluded in the judgment that “the presumption of innocence that assists all accused has not been adequately refuted, for which reason an acquittal is imposed.”