THE PROBLEM OF OPAQUE CAJA MADRID

SUMMARY

The opaque card refers to those cards that companies give employees and many of these use them illegally because they do not use them to make various expenses of the company, but rather for its own costs or own interest. One example is the case of the former president of Bankia, Rodrigo Rato who spent 5547 euros on the card alcoholic beverages, nightlife outings etc.

Caja Madrid is the oldest Spanish savings banks and one of the seven banks that formed Bankia. Are 83 the former directors this entity who owned these cards. They used more than 15.2 million in personal expenses allegedly in charge of the organization and also stated that his intention was to return all the money.

VOCABULARY

Arrangement: Arranjament

Allowing: Permetent

Misusing: Mal ús

Swallow: Empassar.

OPIONION

This suggests that a string of scams, who also has the most in-flight case Bankia is just a copy of other corruptions. Audits (who recopilan accounting information of a company by a business or professional (auditor) independent) are not effective solutions because we have seen that their protocols are not efficient.
And my question is: hat money back?

http://elpais.com/elpais/2015/02/26/inenglish/1424960890_849203.html