Published On: Fri, Sep 23rd, 2016

Garcia: “11 million was lent to investors”

GarciaWILLEMSTAD – According to the former director of the Giro Bank, Eric Garcia, the 11 million dollars which he is accused of embezzling from the Banco de Maracaibo was lent to investors. This is according to Eric Garcia himself.

The prosecution has not talked to these investors yet. Who these investors are is not clear either. Garcia is unable to pay the claims of the defunct Banco de Maracaibo, which amounts to more than eleven million dollars.

Garcia is accused of embezzling 11 million dollars from the Banco de Maracaibo. He lied about depositing these funds in an account at the Maduro & Curiel’s Bank (MCB) here in Curaçao. According to the curator for the Banco de Maracaibo, Valery Maria, this is absolutely not true. He deposited the money in his own bank account.

“Garcia said that he was going to deposit this money at Banco de Maracaibo, but this bank was later declared bankrupt and he was appointed as one of the curators, together with lawyers Robert Blauw and Valery Maria.

After a while, Mrs. Maria requested information about the deposit at the MCB Bank. She started an investigation to know whether Garcia had really made that deposit or not. MCB notified her that the deposit never took place. This is when she filed the complaint against Garcia at the Public Prosecution (OM).

The documents Garcia had sent to Maria and the OM as proof of deposit were forged. After Maria filed the complaint, OM immediately started an investigation, which led to Garcia’s arrest.

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