The anti-corruption prosecutor has asked the judge to order the employer Javier Merino to two years in prison and a fine of 2 million euros for an alleged offense committed insider trading in 2006 with the sale of its stake in hotel portfolio, according to the indictment sent to the Magistrate's Court number 46 of Madrid.
The prosecutor concluded that Merino made a profit of 1.5 billion euros, "taking advantage of proprietary knowledge" he had, to be a director of hotel portfolio of the company's decision to sell its 29.9% stake in Occidental Hoteles. Thus, anti-corruption calls for trial against the husband of the model Flores Sea and against the former director of Portfolio Hotel Alejandro Fernández de Araoz Marañón - for a profit of 1.95 billion euros, both charged with use of privileged information, referred to in Article 285.1 of the Penal Code.
Anti considers that the defendant carried out this operation while we were negotiating the sale of the hotel portfolio in the company Occidental Hoteles Ponte Gadea, controlled by Amancio Ortega, and BBVA. 
The prosecutor concluded that Merino made a profit of 1.5 billion euros, "taking advantage of proprietary knowledge" he had, to be a director of hotel portfolio of the company's decision to sell its 29.9% stake in Occidental Hoteles. Thus, anti-corruption calls for trial against the husband of the model Flores Sea and against the former director of Portfolio Hotel Alejandro Fernández de Araoz Marañón - for a profit of 1.95 billion euros, both charged with use of privileged information, referred to in Article 285.1 of the Penal Code.
Anti considers that the defendant carried out this operation while we were negotiating the sale of the hotel portfolio in the company Occidental Hoteles Ponte Gadea, controlled by Amancio Ortega, and BBVA.
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