The FIVB, Board of Administration, in its May 16th. 2001 meeting approved a Finance Committee’s recommendation, advising that “taking into account the uncertainty of the exchange rates and the small benefit obtained from Bonds and Shares, it should be convenient that the FIVB invested part of its fortune in Real Estate”.
Immediately recommended to buy a property in Lausanne, of 44 years of age at the “very good” price of SFr. 1,700,000 (more or less USD 1,250,000), taking into account that they already had two quotations and that the operation was convenient. The said village located in EPALINGES 278 in Lausanne, could also serve as residence for the FIVB’s presidents.
It was approver, placing the confidence in the highest authorities.
NOBODY REPORTED THAT THE MENTIONED REAL PROPERTY HAD BELONGED SINCE FEBRUARY 10TH, 1984 TO JOSE DE LA FUENTE PARRES Y WEBER, THE FATHER OF MRS. MARIA DE LOURDES (MALU) DE LA FUENTE DE ACOSTA; THAT MR. JOSÉ DE LA FUENTE HAS DIED A COUPLE OF MONTH BEFORE, AND TO AVOID LEGAL TROUBLES WITH HIS INHERITANCE, AND MANY TAX COSTS, IT WAS CONVINIENT FOR MALU, TO CASH THE MONEY, (AND THE FIVB IMMEDIATELY PAID HER).
¿Who signed the transference on July 1st 2001, if the owner was already dead?
¿Has anybody paid taxes about this deal?
Now we know that Acosta has been living in that property since 1984, every time he was in Switzerland, and collecting for his family the rental of the Villa.
Board of Administration resolution.
Certificate of the property in Lausanne Register