Pujol family 'has over half a billion euros' in Andorra alone - plus accounts in four other tax haven countries
Sunday, August 3, 2014 @ 12:14 PM
THE family of former Catalunya regional president Jordi Pujol is said to have around 500 million euros in bank accounts in Andorra alone, reportedly 'hidden' there to avoid paying tax.
And considerably more is believed to have been transferred to accounts in Luxembourg for the same purpose.
According to police investigating the self-confessed tax evasion of the entire Pujol family, the money in Andorra at least may be the proceeds of commission received by Pujol during his 23 years as regional president from private companies in exchange for lucrative public works contracts, which by law should have entered a sealed bid process and been allocated independently.
A large percentage of the Pujol family fortune was hurriedly transferred to Luxembourg, also a tax haven, after the president's ex-daughter-in-law shopped the family at the end of 2012.
Jordi Pujol Ferrusola, the ex-regional leader's son, is said to be responsible for managing the family finances.
Police say funds are stashed in Banca Mora, the Private Bank of Andorra and Andbank, among other financial institutions, and they are having 'great difficulty' in identifying the Pujol dynasty's accounts.
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