The Save Fund of Bilbao-Vizcaya, known as Bilbao Bizkaia Kutxa (BBK), concluded an agreement with PSOE to cancel the historical debt that it had with this Fund since 18 years ago. According to the agreement, the debt is cancelled, not having paid 21 million of euros.
With this agreement, PSOE has achieved not to pay BBK 10,3 million of euros, as a result of the interests yielded since, at least, 1988.
PSOE says that these agreeements are not favours given to them, but precisely the intention of the actual direction of the party to, at the end, discover a solution to debts not paid during decades.
But BBK is not the only Fund or Bank who has made these “agreements” with PSOE: La CAixa gave them 7.1 million of euros and Banco Santander at least 12 million of euros after 19 years without due payment. PSOE says these entities did not reclaim them because the knew they were going to be renegotiated.
Renegotiated is not pardoned….