José María Ruiz Mateos
Businessperson, Person
1931 –
Who is José María Ruiz Mateos?
José María Ruiz-Mateos y Jiménez de Tejada is a Spanish businessman,politician, serial fraudster and convicted felon.
He began by exporting wine to England. He founded the conglomerate Rumasa and had a lot of influence in Spanish society. In 1983, the government of Spain expropriated the company. The government alleged that Rumasa had failed to pay millions of dollars in mandatory taxes to the national treasury. The government also claimed that Rumasa was in virtual bankruptcy and that it was still afloat thanks solely to imaginative accounting by the auditing department of the company. Ruiz Mateos disagreed with this assessment. He sued the government for compensation, but has yet to win in court.
He was imprisoned on charges of currency smuggling, fraud and tax evasion. After several years in jail, he went back into public life, became the owner of the Rayo Vallecano football team in 1991, and formed his own political party, as part of which he was elected to the European Parliament in 1989. He also founded a new holding company, New Rumasa. There have been multiple and various court rulings on the case Rumasa both in Spain and outside Spain, and both the Supreme Court and the Constitutional Court have spoken on numerous judgments. Ruíz Mateos was acquitted in 1999 by the Spanish Supreme Court.
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- Born
- Apr 11, 1931
Rota - Also known as
- Jose Maria Ruiz Mateos
- Nationality
- Spain
- Profession
Submitted
on July 23, 2013
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"José María Ruiz Mateos." Biographies.net. STANDS4 LLC, 2024. Web. 7 May 2024. <https://www.biographies.net/people/en/jose_maria_ruiz_mateos>.
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