"The former CEO of Inalsa, Pedro San Ginés, proposed to the Board of Directors the hiring of his lawyer-friend, Ignacio Calatayud, to replace Cobo Plana Asociados (a prestigious firm specializing in commercial law that was hired for the bankruptcy proceedings) with no justification other than the recommendation of San Ginés himself." That is what the public company has stated, which points out that it has verified that "there is no report or document that justifies the election of Calatayud", whom it describes as "a legal novice with no experience in bankruptcy matters, whose main merit was his friendship with San Ginés."
"The hiring of the lawyer-friend of the former president and CEO of the entity, Pedro San Ginés, to replace the firm Cobo Plana Asociados (which had been hired for the legal advice of the entire bankruptcy, including the incidents, for a total of 200,000 euros) was approved at the Board of Directors meeting held on January 18, 2010, without the members of the board having access to any report that would accredit the suitability of the lawyer for such a deep issue, vital for the public company, and without the aforementioned body being informed of the conditions that would govern the hiring," Inalsa emphasizes in a statement.
Thus, it states that "the directors attending that Board of Directors blindly accepted San Ginés' proposal, who limited himself to informing, as stated in the minutes of the session, about the resignation of Cobo Plana Asociados and to propose the hiring of his friend Ignacio Calatayud Prats, since Inalsa was left without advice for the bankruptcy procedure."
"San Ginés' proposal was supported by the Board without specifying the terms of the hiring (object, price and form of payment) and without making any express request to the president who, from that moment on, acted at his own discretion, setting the terms of the assignment, the price and the payment conditions that he deemed appropriate without reporting to the members of the Board," he adds.
"He has tried to distance himself from the hiring of his friend"
"As the serious irregularities affecting the hiring of Calatayud and the scandal of the bankruptcy incidents (which have allowed said lawyer to pocket one million euros and for which he now claims another 82,000 euros) have become known, San Ginés has tried to distance himself from the hiring of his friend or, at least, to generate doubts about the true responsible for the contract," warn the current managers of Inalsa.
"On the one hand, he has tried to take refuge in what was stated by one of the three bankruptcy administrators, indicating that he was acting under supervision, despite the fact that the three bankruptcy administrators made it clear in the official report they sent to the Court on April 1, 2011 that 'the bankruptcy administration limited itself to supervising the fees agreed between the representation of the bankrupt company and the lawyer', that is, between San Ginés (then legal representative of the company) and Calatayud," they point out.
"On the other hand," they add that "the former president of the Cabildo has also tried to divert responsibility for the hiring to the Board of Directors of Inalsa of January 18, 2010, involving its members in the presumably irregular hiring of his lawyer-friend when this body only authorized the hiring proposal made by San Ginés himself, without setting the terms of the hiring, which were his sole responsibility."
Inalsa considers that "through these smokescreens, San Ginés tries to divert attention from actions that may be considered harmful to the interests of the public company to the extent that they have been aimed at benefiting his friend Calatayud."
