Globovisión's main shareholder said to have violated Law on Banks
A legal action was filed Monday with the Attorney General Office
Aranguren underscored, "We have come before Attorney General Office Luisa Ortega Díaz to request an investigation to determine how Raúl Gorrín, the owner of a financial institution, has bought a media outlet in our country, thus violating Section 12, paragraph 8 of the Law on Banks and Other Financial Institutions."
The attorney stated that the sale of Globovisión to Raúl Gorrín "is void."
"Attorney Ortega Díaz must explain Venezuelans how Conatel (The National Telecommunications Commission) approved the sale and how this law came to be disregarded," he stressed.
Cristian Fonseca, a businessman in La Candelaria district downtown Caracas, was doing the accounts in his small shop office on Sunday December 21, 2008. The Christmas shopping season kept him working late hours into the night. It was around 11 p.m. and his phone rang. A friend broke the bad news to him over the telephone.