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​Spain's 'Robin Hood of the banks' unrepentant after 14 months on the run

Published time: April 22, 2014 12:14
Enric Duran (image from http://enricduran.cat)

Enric Duran (image from http://enricduran.cat)

The man dubbed "Robin Hood of the banks" who took out over half a million euro worth of bank loans with no intention of repaying them has broken his silence. Activist Enric Duran has been in hiding for more than a year following court cases in Spain.

"What could be better than robbing the ones who rob us and distributing the money among the groups which are denouncing this situation and building alternatives?" Duran said in an interview to the Guardian newspaper.

He has been hiding for 14 months, communicating with its followers via the internet.

"I'm proud of this action," he said from his undisclosed location. The money, he said, had created opportunities. "It generated a movement that allowed us to push forward with the construction of alternatives [to capitalism]. And it allowed us to build a powerful network that groups together these initiatives."

From 2006 until 2008, Duran took out 68 commercial and personal loans from 39 banks in Spain and gave the money to social activities, like financing conferences against capitalism and providing cameras for an alternative TV channel.

In 2009 he was arrested in Spain after being accused by 6 banks of non-repayment. By that time the former table tennis coach owed a substantial sum after applying for loans under the name of a false television production company. "Then I managed to get a lot.€492,000 to be exact.

After spending 2 months in a jail Duran was freed on 50,000 euro bail in February 2013 to face trial. After being convicted he decided to abscond rather than face eight years behind bars.

"I don't see the legitimacy of a judicial system based on authority, because I don't recognize its authority," he said.

Duran has not stopped working from a distance on the development of the Catalan Integral Cooperative, a transitional initiative for social transformation from below, through self-management, self-organization and networking.

Comments (7)

 

SureSurf 30.04.2014 16:01

People, the banks and your Governments are all in on the scam!! They are all doing their best to hide every single individuals "real" wealth. Do yourself a favour and check out Karen Hudes on YouTube!!! And wake up folks!! And most of all create dialogue about this in a bid to end this scam/fraud for good and last but not least put these criminal perpetrators of this scam behind bars for a very long time!!

 

me 22.04.2014 16:03

As I heard Max Keiser say "the trouble with Capitalism is that eventually you run out of other peoples money to steal". You can take that about this guy either way!!

 

Miša ✘ 22.04.2014 13:51

"Interest rates are the joy of bankers"
(A lan Ford, comic by Magnus & Bunker)

View all comments (7)
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