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Title: Estepona Town Hall finds its bank accounts embargoed
Author: Fraser Trevor
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The judge in the First Instance Court 3 in Estepona has ordered the Town Hall accounts be embargoed to satisfy a debt demanded by Deutsche B...

The judge in the First Instance Court 3 in Estepona has ordered the Town Hall accounts be embargoed to satisfy a debt demanded by Deutsche Bank. The Town Hall accounts in 13 different banks in the town have been embargoed to try to fund the 360,000 € debt.

The Town Hall has appealed the embargo saying it needs money for basic public services, such as telephone and rubbish collection, which according to the Ley Reguladora de Haciendas Locales cannot be embargoed.

It’s the second time a company has taken this route to be paid by the Estepona Town Hall. The company Obras Caminos y Redes S.A. obtained an embargo of current accounts in March 2010 to recover 365,000 € it was owed.

Acting Mayor, David Valadez from the PSOE, said that the 360,000 € demanded dates from ‘a much earlier time’ before the current team came to power. Valadez came to power in June 2008 after the Astapa corruption case broke, but the town will be governed by the PP after June 11 when the new corporations are established.

 

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