Bárcenas' assets to be embargoed due to non-payment of 43-million-euro bail bond
Friday, July 26, 2013 @ 2:58 AM
FORMER treasurer and senator of the PP Luis Bárcenas has been unable to pay the 43-and-a-quarter-million-euro bail release applied by judge Pablo Ruz.
As this bond relates to his civil liability in respect of possible money-laundering and acceptance of bribes on behalf of the PP party, it is not a payment designed to get him out of jail, but a measure applied so that those on trial do not try to 'hide' or 'lose' their assets to avoid having to pay compensation when the verdict on their case is passed.
Bárcenas has been in prison since June 27 and will remain there until the time of his trial where, if he is considered innocent, he will be released or if he is guilty, will serve the remainder of any custodial sentence awarded.
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