Friday, 16 December 2011

Spain's longest-serving inmate received a government pardon yesterday that saw him and his family convinced that he would walk free immediately

After 35 years in jail and eight successful breakout attempts, Spain's longest-serving inmate received a government pardon yesterday that saw him and his family convinced that he would walk free immediately – only for him to remain behind bars.

Since 1976, Spanish courts have found Miguel Angel Montes Neiro guilty of more than 30 robberies and armed burglaries, many committed while on the run. But even as a spokesman for the Spanish government, Jose Blanco, confirmed yesterday that Montes Neiro, 61, had received a pardon for two of his multiple crimes, another outstanding sentence – for robbery and illicit possession of firearms – will see him remain in jail.

Montes Neiro, from the province of Granada in southern Andalusia, was predictably delighted when news of the pardon broke yesterday lunchtime, telling his family by phone: "Don't come to the prison gates when I get out, I want to walk the first two or three kilometres so I can feel the fresh air like a free man."

However, it emerged that his pardon was only partial and that a court review of a 13-year sentence was still pending.

Montes Neiro spent his first night in the cells in 1966, aged 16, when he was arrested for stealing a packet of cigarettes. His first formal sentence came a decade later for desertion – but not before he had spent 10 days in army prison for stealing a sub-machine gun.

During his numerous breakouts, the most recent in 2009 when he spent two hours on self-imposed parole to attend the wake for his mother, Montes Neiro found the time to marry twice and have two children – and to commit a string of hold-ups and kidnaps.

Montes Neiro's record is as varied as it is long. He has been convicted of beating up hostages on three occasions, and he once formed part of a gang that broke into a Granada home and threatened to cut off a man's thumb unless his wife revealed the location of his safe.

His escapes include one from a maximum security prison in the Spanish colony of Ceuta in 1979, but perhaps his most dramatic breakout came in 1981: after hanging himself in a staged suicide bid, breaking two ribs, he escaped from prison hospital in a taxi.

On the run for a total of three years, his repeated recapture was facilitated by his tendency to remain in or near his home town. His one spell abroad, in Morocco, ended when he returned to Granada because he missed his family.

Sunday, 11 December 2011

Spanish, Italian police smash drug smuggling ring

 

Spanish and Italian police made five arrests while busting a drug-trafficking ring that for years smuggled cocaine from South America to Europe, investigators said on Friday. The group arranged for narcotics to be put on merchant ships headed to Europe. Just before the vessels arrived at their destination, the smugglers would dump cocaine packages overboard, Spanish police said in a statement. Members of the gang waiting in inflatable boats would then pick up the cocaine and take it to shore, from where it was distributed to customers in Spain and Italy, officials said.Two members of the group were detained in the Italian port city of Genoa in March in a joint operation by Spanish and Italian police. Police detained another three members of the group, including its leader, three months later in the northwestern Spanish coastal region of Galicia. "During the search of the home of the ringleader, police found a vault camouflaged behind the wall of the cellar, which housed security cameras that monitored the rest of the house as well as two large safes, cash, valuable watches, computer equipment and documents," police said in the statement. Police also seized 55 kilos (120 pounds) of cocaine, three cash-counting machines and five cars. Spain is the main gateway to Europe for cocaine from Latin America and for cannabis from north Africa

The top ranks of the Government are now coming to the conclusion that the break-up of the euro is inevitable.

 

 I understand that Hague, like the Chancellor, now believes this will happen soon. Osborne told Cabinet colleagues on Monday that the Merkel-Sarkozy plan for greater fiscal discipline within the eurozone was no solution to the current  crisis. Rather, he said, ‘it was like standing over a man having a heart attack and telling him that to avoid one in future he should do more exercise and cut down on cholesterol’. This view that the euro is unlikely to survive is why there are, so far, few worries about Britain being isolated by the eurozone bloc and its allies. The Government is also confident that the differences between the countries in the single currency will remain – that the Netherlands and Finland will continue to take a more liberal attitude to financial services and the single market than the French and the Italians. But there’s little doubt that Cameron’s decision to wield the veto changes Britain’s relationship with the other members of the European Union. The days of Britain carrying on down the same route as the rest of Europe, just at a slower pace, are now over. As one of Cameron’s closest allies says: ‘We are now, inevitably, en route to a very different destiny.’ ... but one rift is healing, at least Labour’s failure to capitalise on the weakening economy has led to renewed tensions within the party’s ranks. Ed Balls, the Shadow Chancellor, is the target of much of this backbiting. Shadow Cabinet sources complain he is more interested in justifying his record in office than winning the argument about what to do now. Balls’ detractors argue that his bellicose statements are drowning out Ed Miliband’s message.

Saturday, 10 December 2011

In line with other Costa del Sol towns, Marbella has decided to stop paying for lighting along the A-7

 

In line with other Costa del Sol towns, Marbella has decided to stop paying for lighting along the A-7, claiming that national highways should be paid for by the central government. From December 1st, only bills for the electricity needed for the stretch between Puerto Banús and Guadalmina are still being met by the corporation, the explanation being that this road runs through a town, San Pedro, and also that it would be dangerous to leave it unlit in view of the roadworks taking place. The tunnel on the AP-7 where the toll road and the Puerto Banús road diverge also still has lights, as the company holding the toll road concession has agreed to put the bills in its name. With this, the Town Hall will save a total of 350,000 euros a year.

Wednesday, 7 December 2011

The alleged members of the Dominican-based Trinitarios gang all face charges of racketeering, narcotics conspiracy and gun trafficking

Suspects allegedly sold guns and drugs.

Suspects accused of selling guns and drugs.

Authorities collared 38 Bronx and upper Manhattan gangbangers Wednesday after a two-year probe into a notorious crew, officials said.

The alleged members of the Dominican-based Trinitarios gang all face charges of racketeering, narcotics conspiracy and gun trafficking, authorities said.

The undercover investigation — which involved officers from the NYPD, the federal Drug Enforcement Administration, the Bureau of Alcohol, Tobacco and Firearms and Homeland Security — netted about $25,000 worth of drugs and 12 firearms in Wednesday’s raid, police said.

One weapon recovered, a Mac-11 machine gun, was painted the same shade of green the gang uses in its colors.

Federal prosecutors said the crew committed and planned violent acts, including murder, to protect its turf from rival gangs that include the Bloods, Crips, the Latin Kings and Dominicans Don’t Play.

“We believe we put a big dent in the Trinitarios gang,” said Capt. Lorenzo Johnson, the commanding officer of the NYPD’s Bronx gang squad.

Six people who were connected to the gang members were also arrested, police said. Authorities were still looking for about 12 other members of the gang.

Prosecutors said the Trinitarios sold firearms, including semiautomatic rifles, a shotgun and handguns, and transported them across state lines.

Numerous members of the Trinitarios who were arrested are also members of a smaller splinter gang, the Bad Boys, prosecutors said.

Johnson said most of suspects were already “known to the department in some manner,” and had long terrorized several blocks in Washington Heights and parts of the Bronx, including Marble Hill.

“Anytime we can help the community feel safer is a good day,” he said.




Glenn Mulcaire, the private eye at the centre of the News of the World phone hacking scandal, has been arrested

 

Glenn Mulcaire, the private eye at the centre of the News of the World phone hacking scandal, has been arrested by Scotland Yard detectives pursuing a fresh investigation into phone intercepts, according to a person familiar with the inquiry. Officers working on Operation Weeting – the Metropolitan Police’s second probe into phone hacking at News International, which owned the now-defunct Sunday tabloid – announced on Wednesday that they had arrested a 41-year-old man who was being held on suspicion of conspiracy to hack voicemail messages and perverting the course of justice.  Mr Mulcaire is the 16th person to be arrested under the new operation, and has already served a six-month prison sentence in 2007 after pleading guilty to intercepting phone messages. He was arrested at his home in Surrey in a dawn swoop and held in a south London police station. Detectives on Operation Weeting have used the private investigator’s notebooks – which contain the names of nearly 5,800 potential victims and run to around 11,000 pages – as the basis for their investigation, trawling through the documents to identify those who may have been hacked. The hacking scandal was reignited this summer when it was revealed that the News of the World had hacked into the voicemail messages of the murdered schoolgirl Milly Dowler after she went missing in 2002, leading her parents to believe that she was still alive. Last month, Mr Mulcaire released a statement through his lawyer, denying that he had deleted voicemail messages on Ms Dowler’s phone. “[He] did not delete messages and had no reason to do so,” the statement read. The Financial Times could not reach Mr Mulcaire’s lawyer for comment on Wednesday. Chris Bryant, a Labour MP and suspected hacking victim, told the FT he was “quite encouraged” that Mr Mulcaire had been taken in for questioning. “I always thought this was a logical next step, but not one [the police] would take unless they had sufficient fresh evidence to put to [Mr Mulcaire], and it seems now they do,” he said. News of the arrest came as lawyers for Andy Coulson, the News of the World’s former editor, argued in the High Court on Wednesday that the tabloid’s parent company should continue to pay Mr Coulson’s legal bills arising from the criminal investigation into phone hacking. It emerged during the course of Mr Coulson’s evidence that News Group Newspapers – a subsidiary of News International – had continued to reimburse Mr Coulson for legal fees relating to his involvement in the judge-led phone hacking inquiry and parliamentary select committee hearings. The court heard that Mr Coulson had received a letter from Tom Mockridge, the chief executive of News International, in August informing him of an “immediate cessation” of payments in relation to criminal legal fees.

Saturday, 3 December 2011

Spain Makes Banks Pay Double To Deposit Guarantee Fund

 

The Spanish government Friday said it has approved a decree that will make banks more than double their contribution to the Spanish deposit guarantee fund, a measure aimed at getting lenders to shoulder a bigger part of the cost of financial sector restructuring. Under the new legislation, banks will have to pay an annual fee of 0.2% of the deposits they hold into the deposit guarantee fund, up from between 0.06% and 0.1% now. Finance Minister Elena Salgado said she expects banks to contribute EUR1.5 billion to EUR1.6 billion to the fund per year after the change. "The restructuring of the financial system will have zero cost for the tax contributor, and today's law reinforces that idea," Salgado said at a press conference following the outgoing Socialist government's weekly cabinet meeting. The move follows a recent government initiative to merge the deposit guarantee fund of the commercial banks with that of the savings banks, and use its funds to cover losses resulting from sector cleanup, part of a wider plan to slash a gaping government budget deficit. The deposit guarantee fund currently holds a total of EUR6.59 billion. The move didn't go down well with bankers. The AEB, a banking association which represents Spain's commercial banks and not the savings banks, said it is "surprising and unfair" that the banks are being forced to pay more to the fund. Until now, none of the listed banks has taken state aid, while several savings banks have been bailed out. Economists and analysts are concerned that the mounting cost of the cleanup of Spain's ailing banks will undermine Spain's efforts to bring down the deficit. Spain's state-backed Fund for Orderly Bank Restructuring injected EUR7.55 billion in its banks to help them meet new minimum capital requirements the government set earlier this year. This comes on top of around EUR10 billion the FROB earlier provided to banks. But the total amount falls far short of the capital needs estimated by many independent analysts. Just last month, the Bank of Spain seized Banco de Valencia SA (BVA.MC), a lender with EUR24 billion in assets that like many Spanish lenders had made big and ultimately fatal bets on lending to real-estate developers. That took the tally of nationalized banks to seven since 2008, after a massive real-estate bubble burst. Only two of these have so far been auctioned off. The Bank of Spain next week is expected to finalize the auction of Caja de Ahorros del Mediterraneo (CAM.MC), by handing it over to midsized lender Banco de Sabadell SA (SAB.MC). Central bank Governor Miguel Angel Fernandez Ordonez recently called CAM "the worst of the worst" of the country's ailing banks, and is offering the buyer sweeping guarantees against future loan losses resulting from its exposure to the real-estate sector. The prime minister elect, Mariano Rajoy of the conservative Popular Party, has said cleaning up the banking sector is one of his main priorities when he assumes power later this month, though he has yet to spell out how he plans to conduct this cleanup

Hundred million euro plan to expand Marbella port gets go ahead

 

109 million euro plan to expand Marbella’s fishing port has finally been given the green light. The long planned transformation of La Bajadilla into one of the most luxurious marinas on the Mediterranean can now take shape after the Junta de Andalucia, Marbella town hall and The Nasir Bin Abdullah & Sons Consortium signed a contract allowing construction to begin. The move comes just weeks after the Andalucian High Court overruled objections to the scheme – submitted by Sheikh Abdullah Al-Tani, a member of the Quatari Royal family and owner of Malaga CF – that it would cause irreversible damage to Marbella. Work will now being within six months and will see the port undergo intense renovation and rescaling to make it ready to receive cruise liners and other large ships. In particular the plan, which is expected to take four years to complete and will create 750 jobs, includes a commercial area of 23,000 square meters, car parking with around 250 spaces, a five star hotel and three times the current number of moorings. It marks the first public private partnership to finance a sports marina in Spain and will give the contractor development rights for 40 years. According to the mayor of Marbella, Angeles Munoz, the scheme will also attract other projects to the Costa del Sol town and is particularly welcome in the current economic climate. “It is a great opportunity not to be missed,” she said.

Marbella has suffered from a scandal that has blighted the town for a decade.


Eighteen thousand homes were built illegally by developers during the boom years up to 2006 and thousands of people bought them in good faith. The Marbella administration has sought to resolve the issue by fining the developers and devising a plan that effectively legalises 17,500 homes. Where developers cannot be found, homeowners pay the fine.

Until now, the Andalucia regional council, within whose jurisdiction Marbella lies, had opposed the town council’s policy of legalising illegally built homes. However, the Andalucian authorities have announced they will issue a decree before the end of December agreeing to allow illegally built homes to remain standing.

However, Marbella and Andalucia agree that 500 homes remain illegal because they break multiple laws. The courts want them demolished, but Marbella’s town council is reluctant to destroy them.

“The politicians don’t want to be seen putting people out of their homes,” says Campbell Ferguson, director of Survey Spain Network of Chartered Surveyors. He advises buyers to consult a lawyer before putting in an offer on a property to find out whether it was licensed or has any fines attached to it.

Laurent Coulée, sales director at Fine & Country estate agents, says; “While nothing was built for the last five years, in the last few months we have seen some villas being constructed.”

Marbella map

Sierra Blanca Estates is building 36 apartments at its Reserva de Sierra Blanca scheme in the north of the town. Prices start at €1.15m for the three-bedroom apartments which are scheduled for completion in 2013. Half have been sold off-plan, with Russians the biggest buyers. Coulée says developers are gaining confidence from five infrastructure projects, three of which are under way.

First, the San Pedro Bypass, which is scheduled for completion in early 2012, will divert traffic from Marbella city centre, relieving congestion during busy summer months. Second, Marbella’s beach promenade, the Paseo Maritimo, is undergoing €10m of upgrades and extensions. Third, Malaga Airport, where a third terminal opened in March 2010, is scheduled to have a second runway completed in the first three months of 2012.

Other infrastructure schemes include the redevelopment of Marbella’s La Bajadilla marina and fishing port. Qatari developer Nasir Bin Abdullah & Sons wants to build a €400m marina with 858 moorings, including six for super-yachts, and a 200-metre pier for cruise liners. It will build shops, bars, restaurants and a five-star hotel to line the quayside and at least four blocks of apartments, by 2015. The town hall is an enthusiastic supporter of this project because it believes it will help Marbella compete with rival tourist destinations, the Côte d’Azur and Sardinia.

Also in the pipeline is a plan to extend Malaga’s commuter railway from Malaga Airport to Marbella, giving visitors and residents an alternative to travelling by road.

Assuming all five schemes are completed, Coulée says their effect on the town’s property market will be transformative. The transport schemes would make it easier for holiday homeowners to access Marbella, while the new marina would draw tourists, providing opportunities to rent out properties, he says.

Despite renewed demand, Marbella remains a buyers’ market. In prime areas, such as the city centre and along the Golden Mile, a stretch of dual carriageway lined by hotels, luxury homes and businesses, property prices need to be 40 per cent below 2006 valuations to make them saleable, says Barbara Wood of buying agency The Property Finders. If the market continues to follow the pattern of previous downturns, prices will flatline in 2012 and 2013 before rising in 2014, she forecasts.

Kristina Szekely, owner of Kristina Szekely Sotheby’s International Realty, says the eurozone crisis, coupled with Spain’s economic and debt problems, is having a negative effect on the Marbella market, but that some buyers are taking advantage of this to buy properties at relatively low prices.

Coulée says Swiss and Scandinavians are buying Marbella homes to take advantage of the fall in value of the euro relative to their national currencies. Other buyers come from Spain, Britain, Russia, Qatar and Dubai, and tend to be cash buyers who do not need a mortgage.

La Casa Loriana

La Casa Loriana is on the market for €50m

Buyers have some interesting properties to choose from. Fine & Country is marketing what it says is Spain’s most expensive home, the €50m La Casa Loriana which overlooks the Marbella beach and promenade. The main house, guest house, beach house and staff villa provide 4,000 sq m of accommodation, including 10 bedroom suites. Features include two swimming pools, a cinema and sweeping driveway.

Marbella’s developers and estate agents are celebrating the Popular party’s general election success in November because they believe the conservatives will support the town’s infrastructural improvements and that they may extend the previous Socialist administration’s temporary VAT cut on newly built homes. Whether that will keep housebuilders at work while the eurozone debt crisis takes its toll on Spain’s economy remains to be seen.

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