The financial institution won the lawsuit against the former manager, who must pay the 6,566,733 pesos granted “outside of her powers” to Juan Ignacio Ruglio’s company.
A former manager of Banco República Oriental del Uruguay (BROU) was sentenced to pay a sum of 6,566,773 pesos—plus readjustments and interest—to the financial institution for having granted overdrafts “outside its powers” to Dibels SRL., a company that belongs to the president of Peñarol Juan Ignacio Ruglioand his wife.
The 13th Shift civil judge, Gustavo Nicastro Seoaneruled in favor of the BROU in the trial initiated in 2019 against Dibels SRL, with the aim of recovering the overdrafts totals of 6,566,733 pesos—around $171,000—that the former bank manager granted and that were not covered by either Ruglio or his wife, who appear as guarantors of the company in question.
According to the ruling, the judge granted Banco República’s claim because “there were uncontested facts and, in addition, proven” that she served in the management of the agency. Italy Avenue between August 2017 and January 2019; as well as that “he authorized overdrafts beyond his powers”; and that neither the company nor its guarantors “paid their debts” with the BROU, as reported by El País.
What arguments did the judge point out?
The responsibility on the former leader was attributed by the same bank, considering her the primary cause of the economic damage suffered by the financial institution; while the accused defended herself by saying that it was the BROU which incurred an omission to exercise oversight and controls regarding overdrafts, and that the entity did not carry out exhaustive procedures for the debt recovery. In any case, the judge did not accept these arguments, and agreed with the bank.
Among other arguments that Seoane found against the accused were the fact that she did not appeal the sanction that the BROU Directory imposed on him in October 2019 – suspension for 180 days under the accusation of serious negligence – nor did he go before the Administrative Litigation Court to demand its annulment; and that the former manager “accepted her responsibility” in the summary that was filed against him then despite the fact that he later denied it during the trial.
Source: Ambito
