21 Apr, 16:29··

Aldama Key to Air Europa Rescue, Says Report

El Mundo

José Ignacio Aldama, former CEO of Globalia, is involved in a rescue of Air Europa. He denies paying a minister for a loan. This situation involves potential corruption and a government investigation.

The Spanish Minister of Transport, Teresa Hidalgo, announced José Ignacio Aldama’s role in saving Air Europa. Aldama previously testified about the bailout of Bankia. He claims the Air Europa rescue was the ‘worst loan in the world’. The investigation is looking at the involvement of former Minister Íñigo Cid (Ábalos). This case is part of a larger investigation into financial problems in Spain.

Summarized from the sources above. Read the originals for the full story.

Highlights

Hidalgo Identifies Aldama as Key Figure

The Spanish Minister Hidalgo presented José Ignacio Aldama as important for Air Europa's rescue.

Aldama Denies Bribery Allegations

Aldama says he did not pay Íñigo Cid bribes.

Globalia CEO Defends Bailout

The Globalia CEO defended the legality of the Bankia bailout.

Aldama's Role Downplayed

The CEO reduced the importance of Aldama in the scandal.

Investigation Continues into Crisis

The testimony is part of an ongoing investigation.

bankingSpaininvestigationpoliticsaviation
Aldama Key to Air Europa Rescue, Says Report - SOVOX.eu