Find a list of your saved stories here

Spanish banker's death was suicide, officials say


Save Story

Save stories to read later


Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

MADRID (AP) — Judicial authorities in Spain say that autopsy results show the Spanish banker involved in graft scandals who was found dead this week with a bullet to his chest deliberately shot himself.

The body of Miguel Blesa, the 69 year-old former chairman of the disappeared Caja Madrid, was found Wednesday in the garage of a private hunting estate in southern Spain after he told other guests he was going to move his car.

The forensic report confirms the widespread speculation it had been a case of suicide.

Blesa had been waiting for the result of an appeal to a six-year prison sentence for misusing corporate credit cards issued by Bankia SA, which absorbed Caja Madrid in 2011. Bankia was later nationalized and bailed out for 18 billion euros ($24 billion).

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

Business
The Associated Press

    STAY IN THE KNOW

    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the KSL.com Trending 5.
    By subscribing, you acknowledge and agree to KSL.com's Terms of Use and Privacy Policy.

    KSL Weather Forecast