These are not happy hours that Miguel Concepción, president of Tenerife, lives, who, according to Cadena SER, has been sentenced to 23 months in prison and the payment of a fine of 3.9 million euros for fraud related to subsidies on banknotes (between 2008 and 2011) of the Islas Airways company that he owned.
At the trial, which took place on September 21, Concepción He admitted the facts before the judge, trying to keep his two daughters out of the picture, who were in the ‘dock of the accused’ and they also recognized what happened. In this way, in addition, the businessman achieved lower the penalty that was initially four years.
According to the aforementioned station, in the sentence, the accused are imposed 23 months in prison, “for which reason They will not enter prison and the payment of 3.9 million euros whose payment is distributed by 50 percent in the case of Concepción (1,993,884.5 million euros) while daughters must pay 25 percent (996,949 euros)“It should be remembered that the private accusations brought by the State Bar and by Binter, requested the payment of more than seven million euros.
On the other hand, Concepción has seen how the ‘Papers of the Foundation’, an investigation in which Cadena SER discovered A series of irregularities of the Tenerife Foundation are already in the Prosecutor's Office where at least two complaints will be investigated already presented in this regard. Among other things, the rent of the grounds of the Sports City was charged to its own Foundation or the club paid money for the footballers' visits to hospitals.
Numerous Peñas and blue and white groups have requested on social networks and with different statements the resignation of the president who, for the moment, prefers not to make statements about it.