Orihuela Mayor’s Declaration of Assets includes a Porsche and two Properties

As Orihuela council makes public the register of assets, Mayor Vegara declares a Porche 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.

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.