This past Thursday we heard the news that Justice had agreed with the Ruíz Mateos family. Therefore, the State will have to recalculate the value of the Rumasa group, forty years after its expropriation.
The Superior Court of Justice of Madrid has been the one who has ordered the recalculation of the value of Rumasa by the State, who also faces the payment of millionaire compensation to the heirs of the businessman. In 1983, when the expropriation took place, the State assessed the Rumasa group negatively, and set the price per share at zero euros. While the family assured that the value of the group exceeded 13,700 million euros.
Since then, all family members have been fighting in court to get compensation, which they believed belonged to them. Now, forty years later, justice has proven them right. But the resolution is not yet final and the sentence is appealable before the Supreme Court, which will make the last decision.
This news has once again given a one hundred and eighty degree turn to the ”Rumasa Case” and has put all the heirs of the businessman in the media spotlight, who have not gone unnoticed before the Justice either. After the death of José María Ruíz Mateos in 2015, his sons were investigated, tried and convicted of fraud and insolvency related to the purchase of some hotels. The latest information that has come out about all of them is that the six of them got the third grade and now live in their respective homes in Madrid with telematic control.
The businessman’s widow, Teresa Rivero, has also been in the eye of the media hurricane in recent years. The matriarch of the family was also sentenced to seven years in prison for fraud against the Treasury of more than eight million euros. The subject has revolutionized today and many media outlets have echoed it.
One of the programs that wanted to deal with the subject was Y ahora Sonsoles. The Antena 3 space began this Friday giving all the new data on the ”Rumasa Case” and where its collaborators have wanted to explain what it will mean for all Spaniards that in the end the State has to pay that huge figure to the family .
“Justice doesn’t work when it takes 40 years,” said journalist Antonio Naranjo. ”That was a decision by a new government that came in shortly after the end of the dictatorship and wanted to send a message. I use a company that had many loopholes, but it did so by tearing down many judicial guarantees in order to impose the feeling that a new power had arrived. Now it’s going to cost all Spaniards a break,” the collaborator assured.
“It’s going to be a spill, a paste,” said another of the collaborators. ”I’ll tell you what it amounts to. The compensation that could be taken is equivalent to one month of all pensions in Spain. That’s the joke,” the journalist confessed. ”A month without getting paid, what do you think, look how funny,” said Sonsoles Ónega addressing the audience.
