Trial begins in giant Spanish corruption scandal

 

top Spanish former official went on trial Monday at the start of legal proceedings into a raft of corruption scandals in which King Juan Carlos' son-in-law is also accused. Jaume Matas, the ex-head of the regional government of the Balearic islands who had also served as environment minister, appeared at a court in Palma de Majorca alongside three other suspects. They have been charged with embezzlement, fraud, falsifying documents and influence peddling. Matas was charged in March 2010 and was released after paying a record bail of 3.0 million euros ($3.8 million). Prosecutors are demanding an eight and a half years jail term. Matas served as president of the government of the Balearic Islands between 1996-1999 and then between 2003-2007. He was environment minister between 2000-2003. The so-called "Palma Arena affair" as the Spanish press has dubbed the corruption scandal centres on the suspected embezzlement of public funds during the construction of a velodrome in Palma de Majorca between 2005-2007. An investigation concluded that the cycling track had an unjustified cost overrun of 41 million euros. That led authorities on the archipelago to uncover other cases of suspected embezzlement of public funds, including one allegedly involving royal son-in-law Inaki Urdangarin. The 43-year-old ex-Olympic handball player is scheduled to appear in court on February 25 as part of a probe into corruption at a non-profit organisation, Instituto Noos, which he headed between 2004 and 2006. The probe centres notably on a payment of 2.3 million euros to Instituto Noos for organising a tourism and sports conference in 2005 and 2006. Urdangarin, who has the title Duke of Palma and is married to the king's youngest daughter, Princess Cristina, has denied any wrongdoing. Last month the royal family suspended the the duke from official engagements and the palace's highest official, Rafael Spottorno, gave an unprecedented rebuke, telling Spanish media his behaviour "does not seem exemplary".

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Spanish property an 'attractive investment' for Brits

 

The growing strength of the British pound against the Euro is to make the Spanish property market an interesting prospect, according to an expert. Mark Stucklin, head of Spanish Property Insight, explained that 2012 will be a "key year", meaning Brits will benefit from attractive offers "after some real years in the dumps". "Within Spanish property, you have to define what you are talking about. Is it the middle of nowhere property that was badly built in the boom or the nicest property of which there is scarce supply?" he said. "It is a completely different market. With the best property, I think we are now in [a period of] price stability and, with the euro getting cheaper compared to the pound, that will mean that it gets more interesting for British buyers." Mr Stucklin went on to say that if potential buyers looked at the Spanish market in terms of euros, they would be able to find "50 per cent or more price reductions and you can find property on sale at the replacement cost". This, he explained was cheaper than building property. Brits looking to move to Spain should consider housing excess belongings and furniture in a self storage unit.

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Alcoa to Curtail Operations in Italy, Spain

 

Hours before kicking off earnings season, Alcoa (AA: 9.44, +0.02, +0.16%) said on Monday it plans to scale down operations at three aluminum smelters in Italy and Spain to tighten expenses as metal prices continue to fall. The curtailment will reduce the company’s global smelting capacity by 12%, or 531,000 metric tons, with operations as its Portovesme, Italy, and La Coruna and Avilies, Spain, facilities impacted in the first half of 2012. Alcoa plans to permanently close the facility in Portovesme, which has capacity of 150,000 metric tons, but just partially and temporarily shut the operations in Spain. The company said those plants are among the highest-cost producers in the Alcoa system. The Pittsburgh-based company blamed the curtailments on an uncompetitive energy market combined with rising raw materials costs and falling aluminum prices, which are down 27% from their peak in 2011. The move is a part of Alcoa’s long-term goal of improving its aluminum production operating margins by cutting down on costs. Last week, Alcoa said it would permanently close its smelter in Alcoa, Tennessee, and two potlines at its Rockdale, Texas, smelter. The company is expected to cut a total of 240,000 metric tons, or about 5%, of its global smelting capacity. “In today’s rapidly changing global economy, it is imperative to respond quickly to maintain competitiveness,” said Chris Ayers, president of Alcoa Global Primary Products.  “This decision was made after thorough analysis of all the possible alternatives.” The company said the total impact on its workforce will not be determined until consultations with employee representatives and government have been completed. However, the three facilities employ a total of about 1,500. Alcoa also says it will aggressively accelerate plans to reduce the cost of raw materials used by its primary products business and adjust capacity in the global refining system to reflect internal demand and market conditions.

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Three brothers from hell

 

These are the three brothers from hell -- two killers and one a suspected hitman. Two of the men, Eric and Keith Wilson from Ballyfermot in Dublin, are now suspected of being involved in over ten gun murders between them. Keith Wilson (23) was today beginning a life term in jail for the gangland execution of hitman-for-hire Daniel Gaynor in August, 2010. His brother Eric 'Lucky' Wilson (27) is serving 23 years in a Spanish prison for the murder of British criminal Daniel Smith in a packed bar on the Costa del Sol. Their older brother John (34) was released from garda custody in September after being arrested by officers probing a shooting at the Players Lounge pub in July, 2010, which left three innocent men with serious injuries. John -- who has survived three assassination attempts -- showed up every day at Keith's dramatic murder trial. Yesterday's conviction is being hailed as a major breakthrough in the fight against organised criminal activity in Dublin.

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Spain no longer the main destination for Brit's second homes

 

A new survey carried out by the HomeAway holiday rentals company and real estate group Savills International has concluded that Spain is no longer the first choice among the Brits for their second residence. 1,700 British property buyers were questioned. More Britons now prefer France because of its better economic stability and the moderation in its house prices. 40% of Brits who buy in Spain later rent out the property, sometimes obtaining an income of as much as 34,500 € a year, but 24% still say that Spain is the place they have chosen for retirement. Despite the change away from purchasing a second home, Spain continues to be the most popular holiday destination for the Brits. In France, Italy and Switzerland the British purchasers usually opt for restored old properties, while in the United States, Cyprus and also in Spain and Portugal, they tend to go for more modern or new constructions.

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Ruth Madoff reveals suicide pact after £40bn fraud

 

Come what may, Mrs Madoff is still managing to keep up appearances. But behind her designer outfit and reassuringly expensive haircut, she's anxious to remind the world that life as the spouse of a $65bn (£40bn) conman isn't always plain sailing. In her first interview since her husband Bernie oversaw the collapse of the family investment house almost two years ago, Ruth revealed the couple attempted suicide in the immediate aftermath of his arrest. It was the night before Christmas 2008. The Madoffs, once the toast of New York society, were confined to their Manhattan penthouse, coming to terms with the fact that his Ponzi scheme had wiped out the life savings of several thousand investors, including many close friends and family members. "I don't know whose idea it was, but we were both so saddened by everything that had happened that we decided to kill ourselves," she recalled. "It was so horrendous what was happening. Terrible phone calls, hate mail – just beyond anything. And I said, 'I just can't go on any more'." They decided to overdose on the sedative Ambien. But they apparently under-estimated the amount needed and found themselves still alive to face the music on Christmas Day. "We were both in agreement," she told CBS's 60 Minutes – which will air interviews with her and her son Andrew on Sunday. "I don't remember what we said very much. We were figuring out how many pills to take. "I think we were both sort of relieved to leave this place. It was very, very impulsive, is all I can say. And I was glad to wake up the next morning." The show will tell how the family learnt of their sudden elevation to global pariah status and explain what they have been doing since. Mrs Madoff, 68, met her husband, now 73, when she was 14 and married him two years later. At the height of their powers she kept an office at the headquarters of the family investment firm and was listed as a director of several companies he controlled. She has always maintained she had no idea the firm was overstating profits and defrauding investors. After his arrest she struck a deal with prosecutors that saw her give up all her assets except for $2.5 million. Many of Madoff's victims angrily insisted she should have been left with nothing. Shortly after the deal was announced, The New York Times dubbed her "the loneliest woman in New York". She later left the city to live in Florida. Judging by CBS interview footage released yesterday, the months since have been tough on a woman who was once the toast of Manhattan. She has retained her petite figure, well-groomed blonde hair and elegant dress sense but has aged considerably. Although she admits being initially supportive of her husband, visiting him in prison, she says she decided to break off contact last December. That was when their second son, Mark, 46, hanged himself on the anniversary of his father's arrest using a dog leash. It remains to be seen whether the TV interview will repair her tattered reputation. People who believe she helped cover up her husband's fraud now suspect her claim about their joint suicide bid was invented to win sympathy. Their former bodyguard Nick Casale, who was with them that Christmas Eve, cast doubt on the story yesterday. Bernie has also granted a first interview, it emerged last night. He spoke to the veteran TV interviewer Barbara Walters at the prison in North Carolina where he is currently serving a 150-year sentence for fraud. No cameras were allowed but a transcript suggests he expressed remorse for his crimes and understands why people think he "robbed widows and orphans". But he insisted: "I made wealthy people wealthier." And on life behind bars, he added: "Ruth not communicating is the hardest thing... Ruth doesn't hate me. She has no one. It's not fair to her. She lost her first so. She's a devoted wife and didn't care about the money."

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Yemeni women burn veils to protest regime

 

Yemeni women defiantly burned their traditional veils Wednesday in protest of President Ali Abdullah Saleh's brutal crackdown on anti-government demonstrations. Thousands of women gathered in the capital, Sanaa, said witnesses. They carried banners that read: "Saleh the butcher is killing women and is proud of it" and "Women have no value in the eyes in Ali Saleh." They collected their veils and scarves in a huge pile and set it ablaze -- an act that is highly symbolic in the conservative Islamic nation, where women use their veils to cover their faces and bodies. It's the first time in the nine months of Yemen's uprising that such an event has occurred. Inspired by Yemeni activist Tawakkol Karman's Nobel Peace Prize this month, more and more Yemeni women have taken to the streets and escalated their campaign for help from the international community. More than 60 women were attacked in October alone by the government, said protester Ruqaiah Nasser. Government forces are raiding homes and also killing children, she said. Yemen's youth continue calls for change Clashes in Taiz left woman dead Clashes in Yemen turn deadly What's behind escalating Yemen violence? She said silence from tribal leaders on the matter is a "disgrace." "We will not stay quiet and will defend ourselves if our men can't defend us," Nasser said. "Tribes must understand they will not be respected by Yemeni women if they stay quiet while their women are being attacked by the Saleh regime. Tribes who ignore our calls are cowards and have no dignity." "Saleh is killing women and children and this is against tribal culture," she said. "Where are their voices when we need them? It's a disgrace if they stay quiet." The women's protests came after the Yemeni government announced a cease-fire Tuesday. But that did not appear to be holding. At least 10 people died and dozens were injured earlier Tuesday in clashes between Yemeni government security forces in the country's capital and the province of Taiz, medical officials reported. Yemen's government has said that opposition-supported militants are responsible for the violence. Saleh summoned the U.S. ambassador and reiterated a promise to sign an agreement brokered by the Gulf Cooperation Council in which he would step aside in exchange for immunity from prosecution, U.S. State Department spokeswoman Victoria Nuland said. However, Saleh has repeatedly promised to sign the council-backed deal and not done so. The embattled leader has clung to power through the protracted protests.

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Villages all but wiped out as storms batter Italy's 'Cinque Terre'

 

The worst affected region was Liguria, with at least two of the five World Heritage-listed 'Cinque Terre' coastal villages cut off as a result of roads being washed away. The walking trails and picturesque fishing villages of the Cinque Terre attract hundreds of thousands of international tourists, but two of them – Vernazza and Monterosso – were severely affected as rivers of mud poured down from the hills behind them. The mayor of Monterosso said the fishing village had all but been wiped out. "Monterosso no longer exists," Angelo Betta told an Italian news agency. Huge amounts of mud had swept through the tiny settlement, causing an "unimaginable disaster".

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TOP Gear presenter Jeremy Clarkson tried to stop his ex-wife from claiming they had sex after he remarried.

Jeremy Clarkson took out the gagging order against his ex-wife last year. It's not known why he applied to lift it. Picture: Cameron Richardson Source: Supplied

Clarkson, who has made a name for himself as a man refuses to be silenced, denies the allegation but took out a gagging order against Alexandra Hall last year.

The claim can now be revealed because he asked for the order to be lifted.

It is unclear why he decided to withdraw the order, which banned any reporting of "sexual or other intimate acts or dealings" between Clarkson and Ms Hall.

Ms Hall married Clarkson in 1989 but their marriage lasted only a year.

She claims she had relationship with him after they split and Clarkson was married to his current wife, Frances.

Clarkson's marriage came under fire from the tabloids earlier this year over claims he had cheated on his wife with a member of the Top Gear production team while in Australia.

He denied the reports and said his 18-year marriage was strong.

The couple have three children.

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Gardai in Spain for 'Fat' Freddie handover deal

 

DUBLIN detectives have travelled to Spain to negotiate the handover of gangster 'Fat' Freddie Thompson. Sources say that gardai are spending a number of days with their Spanish counterparts examining evidence against Thompson. "This is standard procedure in a case like this," a source said. Thompson is due to appear before the High Court today where he is expected to apply for bail after being remanded in custody on Friday when he was arrested on a European Arrest Warrant. laundering Spanish authorities want to extradite him to Spain and they allege that Thompson operated as a bodyguard and chauffeur for the Christy Kinahan drugs organisation, which was targeted in a massive international police operation in May, 2010, known as Operation Shovel. Spanish authorities say that the Kinahan organisation is heavily involved in gun crime, drug trafficking and money laundering through a complex network of companies. Sources have revealed that in the weeks before his arrest, Thompson had fallen out of favour with the Kinahan mob -- organisation who his gang has been sourcing drugs from for over a decade. A European Arrest Warrant has also been issued for Thompson's close pal Gary Hutch (30) but gardai have not been able to find him. The Herald has previously revealed that Thompson's arrest warrant contains explosive details about a phone call tapped by Spanish police in December, 2009, between 'Fat' Freddie and Hutch in which the two criminals discuss firearms. The warrant also alleged that 'Fat' Freddie and Hutch travelled together to Portugal in November, 2009 and Amsterdam in May, 2010, to organise drug shipments. The warrant also states that Hutch and Thompson lived together in Spain and were "right-hand men" of Daniel Kinahan -- the son of Ireland's richest drugs trafficker Christy Kinahan. Also mentioned on the warrant is Ross Browning (27) from north inner city Dublin who is alleged to have collected a major Irish criminal from Malaga Airport in May, 2010, in a car which was also regularly used by the notorious criminal Hutch. violence Browning was one of around 30 people arrested by police investigating Kinahan's drug organisation last year. He was released without charge after being questioned for a number of days by Spanish authorities. Since being sent to Cloverhill Prison on Friday, Thompson has been placed in the protection unit in the jail because of fears that he may become a victim of a feud related attack or that he may orchestrate violence within the prison. It is understood he has had no visitors in jail.

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