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Councilwoman Ana Canovas estate responds to the latest press release of the PP on loan from BBVA (01/09/2016)

In relation to the press release of the Popular Party on the lack of transparency and lack of information that, in his opinion, is in the efforts of this corporation to refinance the loan was signed with BBVA in 2010 (ruling in Totana the Popular Party), as Councillor of Finance, I have to refine or clarify the following issues:

1┬║.-'s mine and alleviate current government obligation, since it is not possible to solve the economic situation we found when we arrived at City Hall and if it is not your responsibility after 12 years of absolute majorities, not who it will be, neighbors who are suffering course not.

2.- The loan referred amounted to 13.504.868,64 ÔéČ, 6.5% interest that had to be paid quarterly until 2035 and cost breakdown was, nothing more and nothing less than EIGHT MILLION EUROS, cost the Ministry itself (written on July 28 this year) defined as "seriously detrimental to the municipal treasury," which as well say (and you know this better than anyone) we are not going to pay.

Since 2014 they are not paying this loan, because there was no money or where to pay it, but you know this as well or better have to say "knew" but did not say.

We are getting closer, a little more direct communication and transparency of all towards all and especially towards totaneros.

Continuing 3┬║.- information and clarity that politicians owe our citizens have to say, so you know our neighbors because you knew that before we do that in a letter that the Ministry of Finance sent to the City Council in March 2012 (being mayor of Totana Isabel Maria Sanchez Ruiz, current spokesman Municipal People in the City), in that letter the Ministry ordered the then government team the following:

"First REQUIRE that City Council, so that, within a maximum period of one month mentioned in paragraph 1 of Article 65, annul the concerted refinancing operation".

And now I have to ask you a question, in my name and on behalf of all residents, why failed to comply with orders of the Ministry and signed a loan that Totaneros can not pay?

Because we will remain honest, debt you left the Totaneros have to pay taxes and deprivation, it takes us takes us more or less.

4┬║.- Unable to meet payments you have to make quarterly Town Hall, was negotiated with the financial institution and it's March 10, 2016 presented us with an offer that was that the VEINTICUATRO million euros in initially we had to pay (including interest, default interest, capital and costs of breaking all unpaid since 2014), with the new offer, this debt would in FIFTEEN MILLION CAPITAL aND iNTERESTS 11,213%, although this percentage would be reviewable with later measures as 10.230% corresponded to remove the cost of rupture.

The result of this refinancing operation, if the Ministry had approved, would have meant to the City savings on interest for late payment and release costs rupture.

This offer was reported at the time the neighbors and the political groups in the City Council, was discussed in Information Committee of Finance and approved by the City Council plenary.

If the summer heat has made the Popular Party forget to see the reality or distorted, hopefully early this fall and cool memory back into place.

5┬║.- Due to the hard condition of being taken over by the Ministry that has the City Council as a result of the great debt we have, this case was referred to the Ministry for approval, since we can not subscribe to such refinancing agreement without approval, thing they did do in 2012 and that all totaneros we learned in 2015, SIGNING OPERATION WITH ORDER AGAINST tHE MINISTRY OF FINANCE.

6┬║.- In this August, it has received the reply of the Ministry of Finance and Public Administration, on the request for refinancing approved by the plenary on it we are told that: "The operation must be subject to criteria of financial prudence and that is not adapted to the conditions of the Ministry, as it can not cope with dues payments there since 2014, and is considered disproportionate costs rupture. "

I want to clarify the P.Popular, that at no time this council sold this news as an achievement, because given the complexity of this operation is very difficult negotiation and my intention throughout the whole process is to save money to Totaneros, and keep working at it, rather than deceive.

I also want to tell the PP that transparency and the obligation to inform neighbors and political groups affects us all and has no color or deadlines, which as a wise saying goes "it is never too late if that is good" and still they are in time to inform everyone that in 2012, signed the operation of this same loan with an order against the Ministry and we were not informed or totaneros, nor the other political groups still continue with question without answer.

Source: PSOE Totana / Foto: archivo

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