Luxempart requests embargo on Pescanova’s former president's assets
Pescanova's former president Manuel Fernández de Sousa. (Photo: Stock File)
Investment fund Luxempart, Pescanova’s shareholder, has asked the National Court to open rogatory letters to Switzerland for the authorities of this country to lock and impound "funds, securities, investments and any financial product" belonging to former president of the company Manuel Fernandez Sousa, and his brother and ex-advisor, Fernando Fernandez de Sousa.
Luxempart bases its request on the complaint issued on 20 October by Judge De la Mata on Fernando Fernandez de Sousa for the crime of using relevant information on the sale of shares.
This complaint is based on Pescanova‘s share sales transactions that th...