Cajasol protest in Almuñécar

This article was originally published in April 2009 and is visible now so that readers can look at what was happening on the Costa Tropical back then.

Employees from a building company, who haven’t received any salaries since November, protested outside the Almuñécar branch of the Cajasol.

The company owner claims that the savings bank is subjecting him to a financial blockade, which has caused this shortfall.

Altogether, about a dozen workers from the firm, Promociones Rosillo-Maldonado, protested outside the bank in support of their boss.

The company had been carrying out a 23-dwelling project in Lentegí since the end of 2006 and should have handed the flats over to the new owners between December last year and this January. However, since the bank closed the tap on the company account in September – where the company claims there are enough funds to pay everybody and finish the project – the firm can’t pay the employees  their salaries; all told between 40 and 50 people.

According to the owner of the building company, Antonio Sánchez, the savings bank is blocking a loan for 300,000 euros, yet even so, continue to charge him interest on it, he claims.

“Now they are asking me to sign a document which rejects involving the bank in anyway if I want to finish the project, as there is a deed signed before a notary public as well as a sizeable bank guarantee,” he explained.

He also accuses the bank of provoking a negative image of him before his suppliers and the Seguridad Social; something that he has never had before, he says. His next stop is carrying out the same street protest, but before the Cajasol’s HQ in Granada.

(News: Almunecar, Costa Tropical, Granada, Andalucia)

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