A former treasurer of a local delegation of the Red Cross in Greater Porto has been charged by prosecutors with embezzlement for allegedly appropriating more than €120,000 from bank accounts and revenues from the foundation’s social store, and advances. Journal de Noticias.
According to the same source, the suspect has assets of more than half a million euros.
“After conducting the financial and financial investigation, it was also found that the defendant provided unsuitable assets, between 2017 and 2021, for a total amount of 504,276.12 euros,”
During the period in which he performed the functions of the treasurer, between 2011 and 2017, he abused his “availability to access bank accounts and other funds of the delegation”, seizing 121 thousand euros, according to the Public Prosecutor’s Office.
The note from the Porto District Prosecutor’s Office also states that the defendant made cash withdrawals using the Foundation’s debit cards and also transferred cash from sales of donated goods in the social shop.
On May 30, the Public Prosecutor charged the man with embezzlement and requested the application of the ancillary penalty that would prevent him from exercising functions in public utility associations.
The Public Prosecutor’s Office also explained that it requested “the state’s loss of the aforementioned values, after it encouraged the confiscation of the defendant’s movable and immovable funds and bank accounts, which was already issued.”
“Writer. Analyst. Avid travel maven. Devoted twitter guru. Unapologetic pop culture expert. General zombie enthusiast.”
