THE JUDGE of the Court of Instruction in Valencia has decided to prosecute the ex-regional President, Francisco Camps and a number of PP members who held power at the time of the alleged offences in connection with alleged financial and administrative irregularities.
The alleged crimes occurred during negotiations and the construction of the Formula One circuit and the holding of motor races in the city.
The offences date back to the 2007/8 period. The project apparently cost the Valencian authorities approximately €89 million.
Valencia’s relationship with the sport began in 2007 when former regional premier Francisco Camps negotiated holding races, on a purpose designed street circuit in the city, with Formula 1 chief Bernie Ecclestone. The deal was initially for seven years and the first race named the ‘European Grand Prix’ was held on the circuit in 2008.
The European Grand Prix was discontinued after the 2012 race.
The circuit area has now reverted back to public use, and though some regeneration in the form of a concert venue has taken place, the majority of the area has been left barren.
There are 16 defendants, including Camps, his vice president Vicente Rambla, the former Infrastructure Supremo Mario Flores, and various business people whose companies were involved in the project.
The Judge has referred the case to the Public Prosecutors Office and the Advocacy Department of the Generalitat for indictments to be drawn up, prior to an oral trial. The case continues.