MALAGA GAZETTE

Monday, January 03, 2011

Marbella Town Hall hands over property to help clear debt


Monday, January 03, 2011 |

Marbella Town Hall hands over property to help clear debt: "Marbella is to repay part of its debt for a loan from the Junta de Andalucía by handing over property.

The town planning offices of Marbella Town Hall, on Avenida Ricardo Soriano in the town centre were where Juan Antonio Roca had his office, and was from where the corrupt Malaya case was allegedly controlled.

The building is a symbol of the excesses of the GIL era and now the Town Hall hands it to the Junta as part payment for a 106 million € loan granted to the management committee who took over the running of the Town Hall in 2006 before new local elections were held in 2007.

The building has been valued at 5.2 million €."

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