Councillors reveal financial details in Velez-Malaga

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FINANCIAL SURVEY: 21 out of 25 Velez-Malaga councillors surveyed have bank loans.

A financial survey of the activities, assets, and interests of local councillors in Velez-Malaga has been undertaken, and the results can be found on the council’s website.

The data, provided by the councillors themselves, revealed that 21 of the 25 members who make up the council have bank loans and that the mayor is the one with the most debt. 

The majority of the councillors’ debts can be accounted for as mortgage loans and the overall debt between them adds up to €1,759,247.

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