Spain: Banker freed as inquiry continues

The former chairman of Caja Madrid, jailed on Thursday following an investigation into banking irregularities,has been freed.<br /><br />Considered a flight risk, a Spanish judge had set bail at 2.5 million euros for Miguel Blesa. The inquiry over Caja Madrid’s purchase of a US bank in the midst of the economic crisis in 2008 continues.<br /><br />...<br />No Comment | euronews: watch the international news without commentary | http://www.euronews.net/nocomment/