The Cambank account used by the other faction was frozen last week by presenting the papers relating to the recent Court case in Elche. It had been hoped to transfer the money to Banco Popular, believed to be around Euro 15,000, this week. However the other faction presented a letter admitting the Court decision, but claiming a Court ruling had allowed them to open the account in the name of the Community.
The matter is now in the hands of the Cambank legal department, a decision is expected next week.
In the meantime the account is frozen.
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