News from Jerez 5.6.12

The Nueva Rumasa saga trundles ever onward. Jose Maria Ruiz Mateos has now asked to be jailed until such time as all the investors have been paid. He says that Banco Popular and Banco Santander have direct responsibility for all that has happened to the group, but that ultimately he has full responsibility for any final decision. Juridical sources say that his imprisonment is most unlikely as neither they nor the investors have called for it.