Overview
- The Junta confirmed the dismissal of Fernando Ferrero, director of Internationalization at Agencia Trade, with the agency’s board formalizing the move today after his Dec. 16 removal.
- Ferrero told the agency he appeared as a founding partner of La Bola, and the government said the decision aimed to protect Trade’s image rather than assert misconduct.
- The UCO raided La Bola on Dec. 11 as part of an Audiencia Nacional investigation into Vicente Fernández and Leire Díez over alleged fraud, document falsification, embezzlement, influence peddling and prevarication.
- Company filings show the bar posted modest results until 2020 and later saw revenue jump, including a record €386,997 after Fernández became administrator in 2023, drawing investigators’ scrutiny.
- Investigators are examining Fernández’s assets valued at more than €4 million, while the Junta said it has no concerns about current comptroller Miguel Ángel Figueroa despite his past professional ties to Fernández.