The ICF approves the guarantee to cover the bonds requested by the Court of Accounts

The Governing Board of the Institut Català de Finances (ICF) has approved to cover the bonds imposed by the Court of Accounts on the pro-independence leaders for the foreign action of the Generalitat carried out between 2011 and 2017. Government sources have specified that the public financial entity of the Generalitat has approved to activate the mechanism provided for in the decree creating the Complementary Risk Fund for the ICF to present the guarantee, with the counter-guarantee of the fund of 10 million euros approved by the Government last week for this type of case.

“Work is being done to process all the documentation necessary to send it to the Court of Auditors “, that has given a deadline to present said guarantees that expires at 00.00 in the morning from this same Wednesday to Thursday. Initially, the Generalitat had approved the creation of this fund with the idea that a bank entity will present the guarantee and the Generalitat, through the fund of 10 million euros, would act as counter-guarantee to said bank.

Jaume Giró

The decree approved by the Government for the creation of the fund provided that, if no entity was found to support those affected, the ICF It would directly endorse them and the Generalitat fund would act as a counter endorsement. After verifying on Tuesday that there was no banking entity willing to endorse those affected by the opinion of the Court of Accounts, the Minister of Economy, Jaume Giró, announced that he ruled out doing management directly through the ICF so as not to put its workers at risk.

However, he sent a letter to the Court of Auditors asking for a margin of 15 days since several affected had asked to take refuge to the bottom and requested time to verify that they met the criteria to be able to do so. However, this Wednesday, during the plenary session of Parliament, Giró himself explained that ICF workers have called him to explain that they were willing to go ahead with the initial idea and issue the endorsements.

Giró has changed his mind and has announced that, finally, the ICF would issue the guarantees with the counter endorsement of the Generalitat fund and, during the day this Wednesday, they have been working to to be able to do it in a timely manner, sources from the Ministry have explained.


Source: LA INFORMACIÓN – Lo último by www.lainformacion.com.

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