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As Orihuela council makes public the register of assets, Mayor Vegara declares a Porsche Boxter, two houses, 12 checking accounts and 4.1% of the shares of ITV Vega Baja, a company with a turnover that exceeds 20 million euros per year and employs more than 300 staff.
The City Council of Orihuela has made public the declaration of assets of the new members of the City Council, a legal obligation, when assuming a public office, that compares the financial situation of the councillors at the start and at the end of each municipal mandate.
One of the records with the most entries is that of Mayor José Vegara (PP), who declares two urban homes among his assets. One is in Orihuela and the other in Molina de Segura. The declaration also includes 4.1% of the shares of the company Estación ITV Vega Baja and twelve current bank accounts, three as a company proxy and several shared, most of them with the Oriolan bank Caja Rural Central where he also has a pension plan.
ITV Vega Baja is an important company at the state level in it’s sector with a turnover that exceeds 20 million euros per year and with more than 300 employees.
Vegara also holds shares and maintains social participation in a company called Palantir and among the other assets he has declared, there is the ownership of three vehicles: a Porsche Boxter (whose cheapest model costs 77,000 euros), a Nissan X-Trail (40,000 euros) and a Seat Ibiza. The one liability recorded in Vegara’s assets is a mortgage with Bankinter, although he has failed to specify the amount.
Apart from the mayor, other councilors who have asubstantial real estate portfolio the Councilor for Urbanism, Heritage, Industry and Major Projects, Matías Ruiz, with three houses, a commercial unit, three parking spaces and a rustic plot of 4,100 square meters, in addition to an Audi A-4 vehicle. There is also the socialist councilor Milagros Lacárcel who has four parking spaces, a commercial unit and two houses, in addition to two vehicles, a Mazda CX-5 and Volkswagen Tiguan.
Closer to home, the Leader of Vox, deputy mayor and councillor for the coast, General Manuel Mestre, has declared the ownership of a house in Elche, a pension plan with ING, two current accounts with the same group, two life insurance policies with Met Life Europe Limited and Generali España, S.A. and the ownership of a Volvo XC60 vehicle, valued at around €45,000.
