After the Superintendent of Banks, Pedro Solines requested that shareholders of the Territorial Bank to cover the additional deficit of $ 17,774,137.97, until March 7, 2013 (the day before the Bank was closed), it is known over reports of irregularities in fundraising from the Banking Board, that the capital is of dubious origin.
Francesco Zunino Anda, the majority shareholder of the bank, made an initial contribution of $ 10 million on February 27 and the Superintendence extended the deadline for seven days to pay the remaining $ 7.77 million.
It is known that from the first contribution, $ 7.39 million were received from transfers through accounts held at the Territorial Bank, $ 2.12 million was deposited in cash and $ 478,000 was transferred from Panama.
The $ 7.39 million came from companies engaged in export through the Sole System of Regional Clearance (SUCRE) and a relationship between the companies from which the funds came and those who received them, has not been determined.
The second contribution of Zunino, held on March 14, designed to complete the remaining $ 7,774,137.97 million of the deficit, also had reviews.
The first part, $ 4.75 million, was deposited on cash in Zunino’s account on March 12 and 14. The other $ 3 million were delivered through a check drawn on the Territorial Bank, from the checking account of Durcodor SA, which is a company incorporated on September 15, 2012 with a capital of $ 800, and that, according to the form of solitude of account opening, is dedicated to the sale of fertilizers, and does not record information on their financial situation. However, it is known that their income comes from sales to Venezuela.