It’s the end of the saga involving the sale of flats by the Municipal Housing and Land Company of Madrid to the fund manager Blackstone. The Provincial Court of Madrid has acquitted all of those being investigated in the case.
The ruling comes eight years after the funds owned by the North American giant were awarded 1,860 social housing units for 128.5 million euros. In the dock sat the former CEO of the public company, Fermín Oslé Uranga, and Alfondo Benavides Grases, as a representative of Fidere, a company owned by Blackstone.
Read the full article in Spanish.
