The president of the Spanish Confederation of Hotels and Tourist Accommodation (CEHAT), and the Hotel Association of Santa Cruz de Tenerife (ASHOTEL), Jorge Marichal, has announced this morning that he is stepping down from the two associations and will make his position available to others after being sentenced to two years in prison for tax fraud.
The sentence has been announced by Spanish newspaper El Día who also say he has been ordered to pay a fine of 585,896 euros, and is not allowed to obtain subsidies or public aid, and foregoes the right to enjoy tax incentives or Social Security benefits. In addition, Marichal has to compensate the Tax Agency with 292,948 euros plus late payment interest for civil liability.
